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Ireland Retail Sales Growth Quickens For Fifth Month

Ireland's retail sales growth quickened for a fifth consecutive month in April, figures from the Central Statistics Office showed Thursday.

The retail sales volume climbed a seasonally adjusted 11.9 percent year-over-year in April, faster than March's revised 9.9 percent increase.

Double-digit growth in automobile trade, other retail sales, department stores, and clothing, footwear and textiles sectors positively contributed to the retail sales volume.

Excluding automobile trade, the retail sales volume grew 7.8 percent annually in April, quicker than the previous month's 5.1 percent rise.

However, the volume of retail sales increased 0.5 percent month-on-month in April, slower than the previous month's 2.1 percent increase. Excluding automobile trade, the retail sales volume rose 3.1 percent, recovering from a 0.6 percent decline in March.

The retail sales value rose a seasonally adjusted 8.3 percent annually in April, faster than March's 6.4 percent growth, while the monthly growth slowed to 0.5 percent from 2 percent.

Without automobile trade, the sales value surged 4 percent annually and increased 2.6 percent monthly in April.

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