Informations Rapides ·
21 December 2023 · n° 327
In December 2023, the business climate in retail trade and in trade and repair of
motor vehicles has improved Monthly survey of retailing - December 2023
In December 2023, the business climate in retail trade and trade and repair of motor vehicles as a whole has improved. At 100, the indicator that synthesizes it has gained four points and is back to its long-term average. This improvement is mainly the result of the rise of the balances of opinion associated with the expected change in the workforce size, the ordering intentions and the general business outlook.
- The balances of opinion related to the activity and the workforce size have advanced
- The balance of opinion on the expected prices has slightly rebounded
- Business managers are more positive on their recent activity in retail trade (excluding motor vehicles) than in trade and repair of motor vehicles
- Revisions
- For more information
In December 2023, the business climate in retail trade and trade and repair of motor vehicles as a whole has improved. At 100, the indicator that synthesizes it has gained four points and is back to its long-term average. This improvement is mainly the result of the rise of the balances of opinion associated with the expected change in the workforce size, the ordering intentions and the general business outlook.
tableauComposite indicator
Business climate synthetic indicator | |
---|---|
2023-12 | 99.9 |
2023-11 | 96.5 |
2023-10 | 98.0 |
2023-09 | 102.7 |
2023-08 | 105.0 |
2023-07 | 105.6 |
2023-06 | 101.7 |
2023-05 | 96.7 |
2023-04 | 100.0 |
2023-03 | 97.5 |
2023-02 | 100.2 |
2023-01 | 99.4 |
2022-12 | 98.7 |
2022-11 | 96.2 |
2022-10 | 97.5 |
2022-09 | 96.8 |
2022-08 | 99.1 |
2022-07 | 95.5 |
2022-06 | 94.5 |
2022-05 | 94.1 |
2022-04 | 91.1 |
2022-03 | 98.7 |
2022-02 | 105.7 |
2022-01 | 104.0 |
2021-12 | 106.8 |
2021-11 | 107.8 |
2021-10 | 106.5 |
2021-09 | 108.0 |
2021-08 | 110.1 |
2021-07 | 114.1 |
2021-06 | 116.4 |
2021-05 | 107.8 |
2021-04 | 91.7 |
2021-03 | 96.4 |
2021-02 | 89.3 |
2021-01 | 93.6 |
2020-12 | 93.5 |
2020-11 | 70.9 |
2020-10 | 98.0 |
2020-09 | 98.1 |
2020-08 | 96.9 |
2020-07 | 90.4 |
2020-06 | 86.7 |
2020-05 | 61.7 |
2020-04 | 58.2 |
2020-03 | 93.6 |
2020-02 | 107.3 |
2020-01 | 106.7 |
2019-12 | 108.7 |
2019-11 | 106.7 |
2019-10 | 106.6 |
2019-09 | 107.1 |
2019-08 | 103.4 |
2019-07 | 106.0 |
2019-06 | 104.8 |
2019-05 | 104.9 |
2019-04 | 107.8 |
2019-03 | 105.1 |
2019-02 | 103.5 |
2019-01 | 102.1 |
2018-12 | 100.2 |
2018-11 | 107.4 |
2018-10 | 107.5 |
2018-09 | 110.1 |
2018-08 | 116.1 |
2018-07 | 113.9 |
2018-06 | 113.7 |
2018-05 | 113.1 |
2018-04 | 113.6 |
2018-03 | 114.5 |
2018-02 | 117.0 |
2018-01 | 117.3 |
2017-12 | 116.7 |
2017-11 | 116.2 |
2017-10 | 116.6 |
2017-09 | 113.4 |
2017-08 | 111.2 |
2017-07 | 112.0 |
2017-06 | 111.2 |
2017-05 | 107.1 |
2017-04 | 105.7 |
2017-03 | 107.8 |
2017-02 | 107.6 |
2017-01 | 108.9 |
2016-12 | 108.2 |
2016-11 | 103.2 |
2016-10 | 102.0 |
2016-09 | 102.9 |
2016-08 | 104.6 |
2016-07 | 104.5 |
2016-06 | 104.0 |
2016-05 | 106.2 |
2016-04 | 103.0 |
2016-03 | 103.9 |
2016-02 | 102.6 |
2016-01 | 104.3 |
2015-12 | 101.6 |
2015-11 | 105.2 |
2015-10 | 108.3 |
2015-09 | 106.0 |
2015-08 | 106.6 |
2015-07 | 103.2 |
2015-06 | 104.3 |
2015-05 | 103.1 |
2015-04 | 103.1 |
2015-03 | 102.2 |
2015-02 | 102.0 |
2015-01 | 98.8 |
2014-12 | 94.4 |
2014-11 | 92.8 |
2014-10 | 89.3 |
2014-09 | 88.6 |
2014-08 | 90.6 |
2014-07 | 96.7 |
2014-06 | 94.7 |
2014-05 | 96.4 |
2014-04 | 96.5 |
2014-03 | 95.4 |
2014-02 | 94.7 |
2014-01 | 95.2 |
2013-12 | 94.0 |
2013-11 | 91.9 |
2013-10 | 95.4 |
2013-09 | 97.7 |
2013-08 | 93.4 |
2013-07 | 85.4 |
2013-06 | 85.0 |
2013-05 | 83.5 |
2013-04 | 84.5 |
2013-03 | 86.4 |
2013-02 | 89.6 |
2013-01 | 85.0 |
2012-12 | 88.0 |
2012-11 | 88.3 |
2012-10 | 87.4 |
2012-09 | 85.9 |
2012-08 | 90.9 |
2012-07 | 89.3 |
2012-06 | 93.1 |
2012-05 | 90.9 |
2012-04 | 96.0 |
2012-03 | 93.4 |
2012-02 | 90.6 |
2012-01 | 88.2 |
2011-12 | 92.9 |
2011-11 | 93.9 |
2011-10 | 94.7 |
2011-09 | 93.9 |
2011-08 | 98.2 |
2011-07 | 101.4 |
2011-06 | 102.1 |
2011-05 | 103.9 |
2011-04 | 103.1 |
2011-03 | 103.7 |
2011-02 | 106.5 |
2011-01 | 106.6 |
2010-12 | 107.8 |
2010-11 | 104.3 |
2010-10 | 107.5 |
2010-09 | 105.9 |
2010-08 | 106.2 |
2010-07 | 101.0 |
2010-06 | 101.0 |
2010-05 | 101.7 |
2010-04 | 103.1 |
2010-03 | 97.9 |
2010-02 | 98.7 |
2010-01 | 98.3 |
2009-12 | 96.6 |
2009-11 | 98.2 |
2009-10 | 92.7 |
2009-09 | 90.4 |
2009-08 | 87.4 |
2009-07 | 86.1 |
2009-06 | 79.7 |
2009-05 | 80.5 |
2009-04 | 75.7 |
2009-03 | 82.5 |
2009-02 | 78.6 |
2009-01 | 77.6 |
2008-12 | 76.4 |
2008-11 | 84.0 |
2008-10 | 80.7 |
2008-09 | 96.2 |
2008-08 | 93.0 |
2008-07 | 95.4 |
2008-06 | 99.4 |
2008-05 | 103.0 |
2008-04 | 103.4 |
2008-03 | 109.3 |
2008-02 | 108.5 |
2008-01 | 110.0 |
2007-12 | 114.4 |
2007-11 | 112.6 |
2007-10 | 111.4 |
2007-09 | 111.8 |
2007-08 | 115.0 |
2007-07 | 117.0 |
2007-06 | 120.4 |
2007-05 | 114.5 |
2007-04 | 113.2 |
2007-03 | 110.9 |
2007-02 | 112.2 |
2007-01 | 107.5 |
2006-12 | 108.3 |
2006-11 | 110.7 |
2006-10 | 111.6 |
2006-09 | 110.2 |
2006-08 | 109.6 |
2006-07 | 108.0 |
2006-06 | 107.5 |
2006-05 | 105.2 |
2006-04 | 103.5 |
2006-03 | 102.1 |
2006-02 | 102.5 |
2006-01 | 103.0 |
2005-12 | 103.9 |
2005-11 | 99.6 |
2005-10 | 101.6 |
2005-09 | 98.9 |
2005-08 | 97.7 |
2005-07 | 95.8 |
2005-06 | 97.8 |
2005-05 | 101.2 |
2005-04 | 103.5 |
2005-03 | 104.1 |
2005-02 | 103.6 |
2005-01 | 105.9 |
graphiqueComposite indicator

- Source: INSEE
The balances of opinion related to the activity and the workforce size have advanced
In December 2023, the balance of opinion on the ordering intentions has rebounded, as well as the balances related to the past and expected sales. However, these three balances remain below their long-term average. The balance on the general business outlook has grown again and has moved away from its average. The one associated with the current level of stocks has retreated but remains well above its own.
Moreover, the balance of opinion associated with the expected change in the workforce size has sharply rebounded. The one related to its recent change has also grown but more modestly. Both of them remain yet below their long-term average.
Finally, business managers are as numerous as in the previous month to consider that the evolution of their business situation is difficult to forecast.
tableauTendency in retail trade and in trade and repair of motor vehicles
Ave. (1) | Sep. 23 | Oct. 23 | Nov. 23 | Dec. 23 | |
---|---|---|---|---|---|
Business climate | 100 | 103 | 98 | 96 | 100 |
General business outlook | -27 | -19 | -26 | -20 | -17 |
Recent sales | -7 | 2 | -5 | -14 | -12 |
Expected sales | -3 | -7 | -11 | -12 | -11 |
Ordering intentions | -8 | -8 | -12 | -15 | -13 |
Stocks | 10 | 14 | 22 | 23 | 19 |
Past selling prices (2) | -3 | 22 | - | 14 | - |
Expected selling prices | 0 | 14 | 14 | 8 | 10 |
Cash position (2) | -15 | -24 | - | -26 | - |
Past workforce size | -1 | -8 | -9 | -13 | -10 |
Expected workforce size | -4 | -7 | -11 | -13 | -7 |
Economic uncertainty felt (3) | 38 | 41 | 38 | 40 | 40 |
- (1) Average since 1991 (except 2004 for recent and expected sales and ordering intentions, and April 2021 for uncertainty felt).
- (2) Bimonthly question (odd-numbered months).
- (3) Non-seasonally adjusted balance.
- Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles
tableauRecent sales and ordering intentions
Ordering intentions | Recent sales | |
---|---|---|
2023-12 | -13.0 | -12.4 |
2023-11 | -15.2 | -14.2 |
2023-10 | -11.6 | -5.2 |
2023-09 | -7.8 | 1.7 |
2023-08 | -8.0 | 6.2 |
2023-07 | -8.5 | -1.9 |
2023-06 | -8.8 | -9.1 |
2023-05 | -16.0 | -5.8 |
2023-04 | -11.3 | -1.6 |
2023-03 | -14.9 | -5.7 |
2023-02 | -10.4 | -1.2 |
2023-01 | -11.8 | 6.0 |
2022-12 | -10.4 | -1.4 |
2022-11 | -15.4 | 2.1 |
2022-10 | -8.7 | -2.8 |
2022-09 | -13.9 | -4.9 |
2022-08 | -7.4 | -12.3 |
2022-07 | -10.7 | -20.4 |
2022-06 | -12.6 | -16.1 |
2022-05 | -14.4 | -12.9 |
2022-04 | -18.7 | -18.6 |
2022-03 | -5.0 | -12.4 |
2022-02 | -3.1 | -7.0 |
2022-01 | -3.3 | -4.7 |
2021-12 | -1.6 | -6.2 |
2021-11 | -0.5 | -11.0 |
2021-10 | -3.8 | -17.6 |
2021-09 | -2.0 | -11.2 |
2021-08 | 3.9 | 11.0 |
2021-07 | 2.6 | 0.3 |
2021-06 | 1.0 | -2.0 |
2021-05 | -7.2 | -10.9 |
2021-04 | -16.0 | -7.4 |
2021-03 | -8.5 | -16.4 |
2021-02 | -15.5 | -14.1 |
2021-01 | -13.4 | -5.4 |
2020-12 | -11.4 | -21.8 |
2020-11 | -37.0 | 7.4 |
2020-10 | 0.4 | -2.1 |
2020-09 | -6.3 | 6.2 |
2020-08 | -3.9 | -9.9 |
2020-07 | -9.6 | -42.0 |
2020-06 | -13.8 | -48.2 |
2020-05 | -47.3 | -56.4 |
2020-04 | -56.4 | -4.3 |
2020-03 | -12.5 | -4.4 |
2020-02 | -0.6 | 1.6 |
2020-01 | -2.8 | 11.1 |
2019-12 | 1.3 | -1.5 |
2019-11 | -1.0 | -5.8 |
2019-10 | -2.5 | -6.3 |
2019-09 | -3.7 | 0.5 |
2019-08 | -7.8 | -5.0 |
2019-07 | -5.0 | -3.7 |
2019-06 | -7.6 | -9.0 |
2019-05 | -6.3 | -10.9 |
2019-04 | 0.3 | -12.9 |
2019-03 | -2.4 | -17.9 |
2019-02 | -6.2 | -10.0 |
2019-01 | -6.4 | -9.1 |
2018-12 | -5.6 | -9.1 |
2018-11 | -0.6 | -6.8 |
2018-10 | -2.2 | -8.1 |
2018-09 | 0.6 | 2.0 |
2018-08 | 13.4 | 0.3 |
2018-07 | 3.7 | -2.1 |
2018-06 | 5.2 | -8.7 |
2018-05 | 2.6 | -6.9 |
2018-04 | 2.1 | -9.7 |
2018-03 | 2.3 | -8.2 |
2018-02 | 4.2 | 5.1 |
2018-01 | 6.3 | 1.9 |
2017-12 | 5.9 | 1.5 |
2017-11 | 7.7 | -5.1 |
2017-10 | 9.3 | -0.4 |
2017-09 | 2.3 | -1.6 |
2017-08 | -0.8 | -1.0 |
2017-07 | -1.4 | 5.5 |
2017-06 | -1.0 | -5.9 |
2017-05 | -3.2 | -5.5 |
2017-04 | -3.5 | -11.9 |
2017-03 | 0.2 | -1.8 |
2017-02 | -0.4 | 4.2 |
2017-01 | 1.5 | 1.0 |
2016-12 | -0.1 | -1.2 |
2016-11 | -9.2 | -6.3 |
2016-10 | -8.2 | -10.7 |
2016-09 | -6.1 | -10.5 |
2016-08 | -3.9 | -4.1 |
2016-07 | -5.1 | -5.1 |
2016-06 | -3.7 | -4.0 |
2016-05 | -3.8 | 4.8 |
2016-04 | -8.7 | 1.5 |
2016-03 | -3.5 | -5.2 |
2016-02 | -6.8 | -9.2 |
2016-01 | -6.1 | -4.9 |
2015-12 | -5.2 | -15.3 |
2015-11 | -3.5 | 3.0 |
2015-10 | 0.3 | 4.4 |
2015-09 | -2.6 | 1.6 |
2015-08 | -1.5 | 8.0 |
2015-07 | -6.3 | -0.6 |
2015-06 | -1.3 | -8.3 |
2015-05 | -3.0 | -4.4 |
2015-04 | -2.2 | -2.6 |
2015-03 | -3.3 | -5.4 |
2015-02 | -1.9 | -4.3 |
2015-01 | -4.9 | -8.6 |
2014-12 | -12.7 | -10.2 |
2014-11 | -13.6 | -14.7 |
2014-10 | -16.8 | -23.7 |
2014-09 | -18.4 | -30.6 |
2014-08 | -17.3 | -19.8 |
2014-07 | -10.3 | -5.9 |
2014-06 | -13.8 | -11.9 |
2014-05 | -11.3 | -14.8 |
2014-04 | -9.6 | -21.3 |
2014-03 | -11.1 | -16.9 |
2014-02 | -13.3 | -13.1 |
2014-01 | -12.7 | -10.7 |
2013-12 | -15.2 | -10.6 |
2013-11 | -13.5 | -12.9 |
2013-10 | -13.4 | -11.5 |
2013-09 | -7.5 | -12.8 |
2013-08 | -13.4 | -18.3 |
2013-07 | -23.1 | -26.0 |
2013-06 | -19.4 | -24.4 |
2013-05 | -21.7 | -29.8 |
2013-04 | -19.6 | -31.8 |
2013-03 | -17.1 | -25.9 |
2013-02 | -14.0 | -27.2 |
2013-01 | -25.5 | -17.3 |
2012-12 | -17.7 | -21.2 |
2012-11 | -18.5 | -16.4 |
2012-10 | -19.3 | -23.0 |
2012-09 | -21.7 | -23.8 |
2012-08 | -15.1 | -8.3 |
2012-07 | -15.4 | -19.5 |
2012-06 | -12.9 | -18.3 |
2012-05 | -16.8 | -14.8 |
2012-04 | -13.7 | -8.1 |
2012-03 | -16.0 | -12.3 |
2012-02 | -15.4 | -15.4 |
2012-01 | -19.9 | -20.3 |
2011-12 | -13.9 | -17.5 |
2011-11 | -12.6 | -13.0 |
2011-10 | -13.5 | -15.7 |
2011-09 | -13.1 | -17.4 |
2011-08 | -11.3 | -6.5 |
2011-07 | -11.6 | -9.4 |
2011-06 | -11.4 | 0.1 |
2011-05 | -7.9 | 3.6 |
2011-04 | -7.2 | 1.7 |
2011-03 | -5.8 | -6.4 |
2011-02 | -2.4 | 1.6 |
2011-01 | -1.8 | 4.3 |
2010-12 | -1.3 | 4.1 |
2010-11 | -4.9 | -8.0 |
2010-10 | 1.3 | -3.9 |
2010-09 | -2.3 | -1.8 |
2010-08 | -1.6 | 4.0 |
2010-07 | -7.9 | -5.3 |
2010-06 | -4.7 | -1.0 |
2010-05 | -7.0 | 2.1 |
2010-04 | -4.5 | -2.7 |
2010-03 | -10.0 | -20.1 |
2010-02 | -9.9 | -13.0 |
2010-01 | -13.4 | -4.7 |
graphiqueRecent sales and ordering intentions

- Source: INSEE
The balance of opinion on the expected prices has slightly rebounded
In December 2023, the balance of opinion on the expected selling prices has somewhat rebounded and remains above its long-term average.
tableauExpected prices in retail trade and in trade and repair of motor vehicles
Expected prices | |
---|---|
2023-12 | 9.6 |
2023-11 | 8.0 |
2023-10 | 13.6 |
2023-09 | 14.4 |
2023-08 | 13.9 |
2023-07 | 14.4 |
2023-06 | 18.8 |
2023-05 | 26.8 |
2023-04 | 37.0 |
2023-03 | 46.7 |
2023-02 | 45.3 |
2023-01 | 41.2 |
2022-12 | 37.3 |
2022-11 | 38.2 |
2022-10 | 44.5 |
2022-09 | 40.9 |
2022-08 | 42.2 |
2022-07 | 40.3 |
2022-06 | 41.0 |
2022-05 | 41.3 |
2022-04 | 36.1 |
2022-03 | 37.5 |
2022-02 | 35.8 |
2022-01 | 26.1 |
2021-12 | 24.9 |
2021-11 | 26.2 |
2021-10 | 23.5 |
2021-09 | 15.1 |
2021-08 | 14.4 |
2021-07 | 13.4 |
2021-06 | 10.1 |
2021-05 | 3.7 |
2021-04 | 0.5 |
2021-03 | 1.7 |
2021-02 | -0.2 |
2021-01 | 0.3 |
2020-12 | -3.9 |
2020-11 | -4.0 |
2020-10 | 2.9 |
2020-09 | 1.0 |
2020-08 | -0.1 |
2020-07 | -2.7 |
2020-06 | -3.6 |
2020-05 | -8.2 |
2020-04 | -8.1 |
2020-03 | -1.5 |
2020-02 | 2.1 |
2020-01 | -0.2 |
2019-12 | 3.0 |
2019-11 | 1.5 |
2019-10 | 3.9 |
2019-09 | 1.8 |
2019-08 | -1.0 |
2019-07 | -1.2 |
2019-06 | -3.3 |
2019-05 | -0.5 |
2019-04 | 2.3 |
2019-03 | 0.9 |
2019-02 | 0.3 |
2019-01 | -2.9 |
2018-12 | 4.1 |
2018-11 | -1.3 |
2018-10 | -0.6 |
2018-09 | 0.3 |
2018-08 | -1.6 |
2018-07 | 0.7 |
2018-06 | -3.3 |
2018-05 | -2.0 |
2018-04 | -3.0 |
2018-03 | -3.4 |
2018-02 | 0.9 |
2018-01 | -3.5 |
2017-12 | -1.6 |
2017-11 | 1.4 |
2017-10 | 3.6 |
2017-09 | -2.0 |
2017-08 | -0.4 |
2017-07 | -2.5 |
2017-06 | -2.1 |
2017-05 | -7.4 |
2017-04 | -4.2 |
2017-03 | -1.1 |
2017-02 | -4.1 |
2017-01 | 0.2 |
2016-12 | -0.7 |
2016-11 | -1.2 |
2016-10 | -7.3 |
2016-09 | -6.5 |
2016-08 | -4.2 |
2016-07 | -4.5 |
2016-06 | -7.6 |
2016-05 | -4.7 |
2016-04 | -6.4 |
2016-03 | -5.1 |
2016-02 | -6.6 |
2016-01 | -8.3 |
2015-12 | -7.5 |
2015-11 | -2.8 |
2015-10 | -3.0 |
2015-09 | -7.2 |
2015-08 | -7.8 |
2015-07 | -5.6 |
2015-06 | -3.1 |
2015-05 | -7.4 |
2015-04 | -5.3 |
2015-03 | -9.3 |
2015-02 | -10.0 |
2015-01 | -11.7 |
2014-12 | -11.4 |
2014-11 | -11.8 |
2014-10 | -13.8 |
2014-09 | -14.0 |
2014-08 | -12.2 |
2014-07 | -9.7 |
2014-06 | -13.9 |
2014-05 | -14.2 |
2014-04 | -16.4 |
2014-03 | -12.7 |
2014-02 | -10.3 |
2014-01 | -2.4 |
2013-12 | -1.0 |
2013-11 | -3.6 |
2013-10 | -2.9 |
2013-09 | -0.5 |
2013-08 | -3.5 |
2013-07 | -1.6 |
2013-06 | -6.9 |
2013-05 | -0.7 |
2013-04 | -13.8 |
2013-03 | -1.6 |
2013-02 | -8.2 |
2013-01 | -6.3 |
2012-12 | -1.6 |
2012-11 | -5.0 |
2012-10 | -4.8 |
2012-09 | -0.9 |
2012-08 | -3.6 |
2012-07 | -1.8 |
2012-06 | -2.0 |
2012-05 | -1.6 |
2012-04 | -1.2 |
2012-03 | 3.7 |
2012-02 | 3.7 |
2012-01 | 5.1 |
2011-12 | 7.1 |
2011-11 | 4.8 |
2011-10 | 3.3 |
2011-09 | 3.3 |
2011-08 | 5.2 |
2011-07 | 4.8 |
2011-06 | 5.2 |
2011-05 | 9.7 |
2011-04 | 9.0 |
2011-03 | 7.6 |
2011-02 | 5.8 |
2011-01 | 2.5 |
2010-12 | -1.4 |
2010-11 | -0.2 |
2010-10 | 0.8 |
2010-09 | -1.7 |
2010-08 | -5.0 |
2010-07 | -3.6 |
2010-06 | -0.8 |
2010-05 | -3.4 |
2010-04 | -4.2 |
2010-03 | -4.3 |
2010-02 | -5.0 |
2010-01 | -5.7 |
2009-12 | -5.7 |
2009-11 | -9.3 |
2009-10 | -8.0 |
2009-09 | -4.9 |
2009-08 | -11.4 |
2009-07 | -5.7 |
2009-06 | -16.4 |
2009-05 | -17.4 |
2009-04 | -18.3 |
2009-03 | -30.6 |
2009-02 | -17.4 |
2009-01 | -17.8 |
2008-12 | -20.4 |
2008-11 | -26.8 |
2008-10 | -6.3 |
2008-09 | -15.4 |
2008-08 | 4.6 |
2008-07 | 6.0 |
2008-06 | 3.8 |
2008-05 | 1.9 |
2008-04 | 1.5 |
2008-03 | 8.1 |
2008-02 | 1.5 |
2008-01 | 5.4 |
2007-12 | 3.1 |
2007-11 | 14.5 |
2007-10 | 0.0 |
2007-09 | 7.8 |
2007-08 | 0.7 |
2007-07 | -6.0 |
2007-06 | -5.0 |
2007-05 | -1.7 |
2007-04 | -8.9 |
2007-03 | -5.8 |
2007-02 | -1.7 |
2007-01 | -6.2 |
graphiqueExpected prices in retail trade and in trade and repair of motor vehicles

- Source: INSEE
Business managers are more positive on their recent activity in retail trade (excluding motor vehicles) than in trade and repair of motor vehicles
The balance of opinion on the past sales as well as the one on the ordering intentions have rebounded in December in retail trade (excluding motor vehicles) but have sharply retreated in trade and repair of motor vehicles.
The balance on the expected selling prices has slightly diminished in retail trade (excluding motor vehicles) but remains yet well above its long-term average. In trade and repair of motor vehicles, it has sharply rebounded but remains below its own.
Finally, the balance on the expected change in the workforce size has moved above its long-term average in trade and repair of motor vehicles. In retail trade (excluding motor vehicles), it has also risen but remains below its own.
tableauBalances of opinion by sub-sector in retail trade and trade and repair of motor vehicles
Ave. (1) | Sep. 23 | Oct. 23 | Nov. 23 | Dec. 23 | |
---|---|---|---|---|---|
Retail trade | |||||
General business outlook | -28 | -18 | -26 | -20 | -15 |
Recent sales | -7 | 3 | -7 | -22 | -13 |
Expected sales | -2 | -5 | -13 | -13 | -9 |
Ordering intentions | -7 | -7 | -10 | -18 | -12 |
Stocks | 10 | 16 | 21 | 25 | 21 |
Past selling prices (2) | -5 | 28 | - | 18 | - |
Expected selling prices | -2 | 15 | 19 | 13 | 12 |
Cash position (2) | -14 | -26 | - | -26 | - |
Past workforce size | 0 | -8 | -10 | -15 | -13 |
Expected workforce size | -4 | -9 | -15 | -15 | -10 |
Economic uncertainty felt (3) | 36 | 40 | 36 | 39 | 40 |
Trade and repair of motor vehicles | |||||
General business outlook | -25 | -20 | -27 | -19 | -22 |
Recent sales | -7 | -1 | -1 | 3 | -11 |
Expected sales | -7 | -11 | -7 | -8 | -15 |
Ordering intentions | -9 | -10 | -15 | -10 | -14 |
Stocks | 12 | 10 | 24 | 19 | 15 |
Past selling prices (2) | 5 | 9 | - | 4 | - |
Expected selling prices | 7 | 13 | 2 | -3 | 5 |
Cash position (2) | -21 | -18 | - | -25 | - |
Past workforce size | -7 | -6 | -10 | -8 | -2 |
Expected workforce size | -5 | -1 | 1 | -8 | 1 |
Economic uncertainty felt (3) | 43 | 43 | 40 | 43 | 41 |
- (1) Average since 1991 for retail trade and 2003 for trade and repair of motor vehicles (except 2004 for recent and expected sales and ordering intentions, and April 2021 for uncertainty felt).
- (2) Bimonthly question (odd-numbered months).
- (3) Non-seasonally adjusted balance.
- Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles
Revisions
The business climate for November 2023 in retail trade and trade and repair of motor vehicles is unchanged (after rounding).
For more information
The whole sector “retail trade and trade and repair of motor vehicles” is composed for 70% of retail trade and for 30% of trade and repair of motor vehicles.
For the three-modality questions, a balance of opinion is the difference between weighted percentage of “increase” or “above normal” answers and weighted percentage of “decrease” or “below normal” answers.
This survey is part of the Joint Harmonised EU Programme of Business and Consumer Surveys, partly funded by the European Commission.
Company responses were collected between 24 November and 18 December 2023.
Next issue: 25 January 2024 at 8:45 am.