Retail sales in Ireland experienced a robust spike in December 2024, with the latest data indicating a significant month-over-month growth of 1.1%. This increase marks a notable improvement from November's growth rate of 0.6%, as reported on January 28, 2025.
The rise in retail sales suggests a strong consumer response during the holiday season, possibly fueled by festive spending habits and promotional discounts, which are typical of the Christmas period. The upward trend highlights an encouraging economic outlook, reflecting consumer confidence and contributing positively to Ireland's economic recovery post-pandemic.
Overall, the uptick in retail sales for December provides an optimistic signal for stakeholders and policymakers in anticipating sustained growth momentum as the new year progresses. Stakeholders will be closely watching subsequent months to see if this growth pattern continues.
