Liquor stores’ sales plunge

  • Sales dip: liquor sales fell in October last year

    Sales dip: liquor sales fell in October last year

Retailers took 1 per cent more at the till in October than they did in the same month in 2016.

But after adjusting for inflation, retail sales volume fell by 0.5 per cent, the second successive decline.

The Retail Sales Index, published today by the Department of Statistics, showed that liquor stores suffered the largest fall in sales volume, 13.6 per cent, while food stores’ sales dipped 5.4 per cent.

Retailers attributed the decline in sales to higher demand in 2016 as a result of consumers preparing for Hurricane Nicole.

Motor vehicle dealers recorded the largest gain in sales volume of 15.8 per cent.

Building materials stores saw a 1 per cent increase in sales volume, while service stations’ sales grew 1.6 per cent, helped by a 4 per cent increase in the price of premium fuel.

In value terms, retail sales rose 1 per cent to an estimated $92.5 million.

Returning residents declared overseas purchases valued at $5.1 million, which was 21.4 per cent higher than October 2016. This contributed to a combined local and overseas spending of $97.6 million.

Excluding Sundays, there were 26 shopping days during the month, the same as in October 2016.

You must be registered or signed-in to post comment or to vote.

Published Jan 22, 2018 at 1:22 pm (Updated Jan 22, 2018 at 1:22 pm)

Liquor stores’ sales plunge

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    • "Your new year's resolutions for 2019"
    • Quit smoking
    • 4%
    • Quit drinking/drink in moderation
    • 7%
    • Do not drink and drive
    • 2%
    • Lose weight
    • 40%
    • Stop procrastinating
    • 22%
    • Drive with greater care
    • 2%
    • Other
    • 22%
    • Total Votes: 2607
    • Poll Archive

    Today's Obituaries

    eMoo Posts