The Irish retail sector has witnessed a notable rebound in sales for December 2024, reflecting a positive turn for the domestic economy. According to the latest data updated on January 28, 2025, retail sales in Ireland grew by 0.8% in December compared to the same month the previous year. This marks a significant recovery from November 2024's decrease, where sales had registered a year-over-year decline of -1.1%.
This improved consumer spending in Ireland during the crucial holiday shopping season hints at renewed confidence among consumers after a sluggish November. The shift to a year-over-year growth bears testimony to a strong recovery in consumer demand and could signal potential momentum for the upcoming months.
Economists and retail sector stakeholders are likely to view this uptick as a positive sign, potentially indicating stabilizing economic conditions in Ireland. Continued monitoring will be crucial to understanding whether this marks the start of a sustained growth trend in the Irish retail market.
