Sign up to The Irish Times Archive (1859 - 2008)My Account »
Tue 07 Jul 2008Retail sales fall at fastest rate in 21 years
The volume of retail sales declined by 4.8 per cent in the year to May, the fastest rate of decline in over 21 years figures released by the Central Statistics Office today showed.
A 13.9 per cent annual drop in electrical goods sales dragged down retail activity in May, contributing to a fourth consecutive month of decline, according to the CSO. Sale of furniture and lighting fell 11.1 per cent during the 12 months to May.
Choose a Subscription type - required
