Retail Sales Index: June 2013 Sales Drop 0.9%

July 30, 2013

Retail sales decreased 0.9 per cent during June 2013, and after adjusting for the annual retail sales rate of inflation, measured at 1.4 per cent in May 2013, the volume of retail sales fell by 2.2 per cent.

Consumers spent an estimated $90.4 million on retail goods during the month. Retailers of service stations experienced the largest increase in sales of 4.4 per cent. In contrast, retailers of building materials reported the strongest decline of 12.7 per cent year-over-year.

Residents returning to the Island declared overseas purchases valued at $4.5 million during June 2013. This contributed to a combined local and overseas spending total of $94.9 million

The full June 2013 Retail Sales Index is below [PDF here]:

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Category: All, Business