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Retail sales fall by 1.7pc in January

Thursday, February 28 11:22:00

The New Year got off to a bad start for the already embattled retail sector as the volume of retail sales fell by 1.7pc when compared with December, latest figures from the CSO show.

There was an annual decrease of 1.2pc and, if Motor Trades are excluded, the volume of retail sales decreased by 1.4pc in January 2013 when compared with December 2012 while there was an annual increase of 0.7pc. The sectors which showed month on month volume increases are Furniture and Lighting (+6.6pc), Fuel (+1.6pc) and Non Specalised Stores (+0.2pc). The sectors with the largest monthly decreases were Department Stores (-15.1pc) Bars (-8.1pc) and Motor Trades (-3.6pc).

The value of retail sales decreased by 1.7pc in January 2013 when compared with December 2012 and there was an annual decrease of 1.0pc. If Motor Trades are excluded, there was a decrease in the value of retail sales in January 2013 of 0.5pc and an annual increase of 0.9pc.

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