Retail Ireland Monitor November 2021
There has been a positive sales bounce over recent months. Pent up demand is translating in strong growth, although footfall is well down in some city centres locations. Consumer confidence remains strong, but other challenges are emerging. A tight labour market is here to stay, despite the phasing out of the PUP. Many EU workers are reluctant to return due to the high cost of living. Meanwhile, the latest CSO figures highlight ongoing inflationary pressures across the economy.