Another rise in National Minimum Wage unacceptable
July 18, 2017Medite Smartply supply shortage
July 31, 2017
Following a buoyant first quarter with growth of 10% on 2016, Q2 has stagnated with a particularly poor June in spite of bursts of good weather.
Total member revenue for Q2 2017 is practically on a par (99%) with the same period for 2016. The year-on-year consistency is largely evident throughout the key members groups.
The month-on-month comparisons for Q2 2017 shows a stable moving average (99%). A slight decline in sector revenue was evident from May to June. The monthly moving average for Q2 peaks in Munster.
47% of members indicate the burst of very hot weather in June had a positive impact on their garden/outdoor sales.
19% of all members offer agricultural supplies, rising to 37% of rural members. For those who offer – 34% of Q2 turnover was accounted for by sales of agricultural supplies.
The summary review of 2016 indicates:
- Both Q1 and Q2 2016 showed 13% growth on 2015.
- The sector as a whole recorded a 10% increase year-on-year in 2016.
- The month on month increase in sector revenue was especially consistent in Q1 + Q2 2016.
A total of 156 member branches throughout the country take part in the monthly business index . For more information about participating call 01 298 0969 or email.
