December retail sales show impact of rising prices on Christmas spending
Seasonally-adjusted retail sales in December rose by 0.9% from November, however, once motor sales were excluded, that figure dropped to a meagre 0.3%. Pic Larry Cummins
Motor sales surged in December compared to a year earlier, while activity across several retail outlets, including Department Stores, fell dramatically as prices continued to hit household spending over the Christmas period.Â
New Central Statistics Office figures show that retail sales in volume terms rose by 3.9% in December compared to the same month last year, but we were up by just 1.8% when sales of motor vehicles were excluded.
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