Falling car sales hurt overall retail sector in August

More people are apparently doing up their houses, however...

Falling car sales hurt overall retail sector in August

New cars awaiting distribution at a facility off the Naas Road in Dublin | Image: RollingNews.ie

The volume of Irish retail sales was down 4.7% in August compared to the previous month, with the Central Statistics Office (CSO) citing declining new car registrations as the reason behind the end-of-summer slump.

There was also a 3.7% drop in the value of those sales, according to the CSO's latest Seasonally Adjusted Retail Sales Index.

The volume of motor trades slowed by over 11% after a big spike in July. If this is excluded, retail sales actually saw a slight increase of 0.9% in the month.

Bar trade and department stores also took sales hits for the month.

On an annual basis, retail sales rose 5.2%.

The furniture and lighting sectors enjoyed a boost, up 8.8% compared to July. Home improvement appeared to be on the agenda for many in August, with sales of hardware, paints and glass up 4.6% over July's figures. 'Other retail sales' also climbed 5.1%.