Retail sales give economy another boost

THE economy received another boost yesterday with signs that retail sales are picking up and unemployment is falling.

According to the Central Statistics Office (CSO), retail sales volumes rose by 2.5% in April with the value of sales rising by 3.5% over last year, though there was a 0.4% drop month on month.

Even so, economists said the figures added to what is already been a positive week for the economy with indications growth this year will surge.