Retail sales rise in February despite cost-of-living squeeze

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Retail sales rose in February as Covid-19 restrictions were lifted and consumers spent more in bars and on hardware and electrical goods

Retail sales rose in February as Covid-19 restrictions were lifted and consumers spent more in bars, and on hardware and electrical goods.The sectors with the largest monthly increases were bars ; hardware, paints and glass ; and electrical goods . Sales volumes, however, in department stores declined by 5.4 per cent.

The volume of sales in bars rose by 726 per cent compared with February 2021. Despite the large recovery in February 2022, bar sales remained 30.2 per cent lower than their pre-Covid level.

 

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