Retail Ireland Monitor

While core retail sales volumes showed a modest rise of 0.7% in March, we face an increasingly volatile environment. Energy cost hikes have driven inflation to 3.6%, the highest in over two years, putting a strain on household budgets and business operations alike. This is heavily reflected in the April consumer sentiment reading, which fell further to 53.3. Retailers are facing into a challenging trading period where discretionary spending is fragile, and cost pressures remain a key concern for consumers.

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