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Strong growth in retail sales in October

New figures from the Central Statistics Office reveal that the volume of retail sales rose by 9.2% in October compared the same time last year. There was a monthly increase of 4.7%.

The CSO says that if motor trades are excluded, the annual increase was 8.3% and the monthly change was 2.2%.

The figures also show that the value of retail sales increased by 9.5% in October 2006 compared to October 2005 and increased by 4.4% in the month. If motor trades are excluded, the annual increase was 9.2% and the monthly change was 2%.