Retail Ireland Monitor

Retail activity continued to show resilience over the summer, with sales volumes and consumer spending remaining positive.  While households continue to face cost pressures and consumers remain cautious about their personal finances, improving sentiment and steady spending patterns point to a consumer that is adapting rather than retreating. For retailers, the trading environment is mixed, with essential categories performing strongly while discretionary spending continues to be more selective. While some retail categories benefitted from the good weather over recent months, others suffered from changing consumer behaviour. October’s budget will be opportunity for the Government to ease the personal tax burden, which should have a positive impact on sentiment, although inflationary pressures remain a concern. 

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