Value of retail sales up, but volumes flat
According to the CSO, in February, the volume of retail sales increased by just 0.8% compared to February last year.
The value of retail sales in Ireland increased by over 2.1% in the year to February as the volume of sales was largely flat, new data from the Central Statistics Office (CSO) shows.
This comes as inflation in the country continues to run at 2.7%. However, this is expected to increase in the coming months with spikes in oil and gas prices expected to hit consumers following the war in the Middle East.
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