Retail sales volumes were unchanged month-on-month in May and 0.3 per cent higher than the same period a year ago, Central Statistics Office data showed on Tuesday.
Department store, electrical goods and hardware sales grew sharply on the month, while furniture, clothing and car sales fell substantially. Retailers had posted their strongest monthly sales in more than a year in April, when they grew by 4.1 per cent.
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Even with annual inflation at a near 40-year high of 7.8 pet cent, the value of retail sales excluding motor trade fell by 0.1 per cent year-on-year in May, the first month-on-month drop in 2022.
