Retail Sales in Ireland
The Irish economy recorded an average growth rate of 1.2% in retail sales in the decade to 2022, below the 1.6% average for the Euro Area. In 2022, retail sales growth was -0.8%.
Ireland Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Ireland from 2014 to 2023.
Source: Macrobond.
Ireland Retail Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 2.1 | -2.5 | 9.3 | 7.3 | 4.6 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Irish retail projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Irish retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Irish retail projections.
Want to get access to the full dataset of Irish retail forecasts? Send an email to info@focus-economics.com.