Informations Rapides ·
21 November 2024 · n° 288
In November 2024, the business climate has slightly declined in retail trade and in
trade and repair of motor vehicles Monthly survey of retailing - November 2024
In November 2024, the business climate has slightly decreased in retail trade and trade and repair of motor vehicles overall. At 98, the indicator that synthesizes it has lost one point and lies below its long-term average (100). This deterioration is mainly due to the decrease in the balances related to the ordering intentions and the expected change in the workforce size.
In November 2024, the business climate has slightly decreased in retail trade and trade and repair of motor vehicles overall. At 98, the indicator that synthesizes it has lost one point and lies below its long-term average (100). This deterioration is mainly due to the decrease in the balances related to the ordering intentions and the expected change in the workforce size.
tableauComposite indicator
| Business climate synthetic indicator | |
|---|---|
| 2024-11 | 97.8 |
| 2024-10 | 99.2 |
| 2024-09 | 100.0 |
| 2024-08 | 97.3 |
| 2024-07 | 94.1 |
| 2024-06 | 99.4 |
| 2024-05 | 100.9 |
| 2024-04 | 102.1 |
| 2024-03 | 101.3 |
| 2024-02 | 100.4 |
| 2024-01 | 104.0 |
| 2023-12 | 99.8 |
| 2023-11 | 97.1 |
| 2023-10 | 98.3 |
| 2023-09 | 102.6 |
| 2023-08 | 103.2 |
| 2023-07 | 104.3 |
| 2023-06 | 101.3 |
| 2023-05 | 98.0 |
| 2023-04 | 100.6 |
| 2023-03 | 97.9 |
| 2023-02 | 101.3 |
| 2023-01 | 99.8 |
| 2022-12 | 99.4 |
| 2022-11 | 96.8 |
| 2022-10 | 97.9 |
| 2022-09 | 96.5 |
| 2022-08 | 97.5 |
| 2022-07 | 94.5 |
| 2022-06 | 94.1 |
| 2022-05 | 95.4 |
| 2022-04 | 91.3 |
| 2022-03 | 99.5 |
| 2022-02 | 107.0 |
| 2022-01 | 104.7 |
| 2021-12 | 107.6 |
| 2021-11 | 109.1 |
| 2021-10 | 106.7 |
| 2021-09 | 108.0 |
| 2021-08 | 108.7 |
| 2021-07 | 114.0 |
| 2021-06 | 115.5 |
| 2021-05 | 108.1 |
| 2021-04 | 91.8 |
| 2021-03 | 96.6 |
| 2021-02 | 89.9 |
| 2021-01 | 94.0 |
| 2020-12 | 93.6 |
| 2020-11 | 70.6 |
| 2020-10 | 98.4 |
| 2020-09 | 98.1 |
| 2020-08 | 94.5 |
| 2020-07 | 90.0 |
| 2020-06 | 85.4 |
| 2020-05 | 60.8 |
| 2020-04 | 57.8 |
| 2020-03 | 93.2 |
| 2020-02 | 107.6 |
| 2020-01 | 106.7 |
| 2019-12 | 109.1 |
| 2019-11 | 106.9 |
| 2019-10 | 106.6 |
| 2019-09 | 107.2 |
| 2019-08 | 100.4 |
| 2019-07 | 106.5 |
| 2019-06 | 104.0 |
| 2019-05 | 105.1 |
| 2019-04 | 108.3 |
| 2019-03 | 104.5 |
| 2019-02 | 103.2 |
| 2019-01 | 101.4 |
| 2018-12 | 99.6 |
| 2018-11 | 107.1 |
| 2018-10 | 107.2 |
| 2018-09 | 110.3 |
| 2018-08 | 113.7 |
| 2018-07 | 114.7 |
| 2018-06 | 113.3 |
| 2018-05 | 113.5 |
| 2018-04 | 113.8 |
| 2018-03 | 114.0 |
| 2018-02 | 116.9 |
| 2018-01 | 116.9 |
| 2017-12 | 116.6 |
| 2017-11 | 116.3 |
| 2017-10 | 117.1 |
| 2017-09 | 113.7 |
| 2017-08 | 111.3 |
| 2017-07 | 112.1 |
| 2017-06 | 111.3 |
| 2017-05 | 107.2 |
| 2017-04 | 105.8 |
| 2017-03 | 108.2 |
| 2017-02 | 107.9 |
| 2017-01 | 109.2 |
| 2016-12 | 108.5 |
| 2016-11 | 103.2 |
| 2016-10 | 102.0 |
| 2016-09 | 103.0 |
| 2016-08 | 104.8 |
| 2016-07 | 104.7 |
| 2016-06 | 104.2 |
| 2016-05 | 106.4 |
| 2016-04 | 103.0 |
| 2016-03 | 104.1 |
| 2016-02 | 102.6 |
| 2016-01 | 104.4 |
| 2015-12 | 101.7 |
| 2015-11 | 105.4 |
| 2015-10 | 108.7 |
| 2015-09 | 106.2 |
| 2015-08 | 107.0 |
| 2015-07 | 103.4 |
| 2015-06 | 104.6 |
| 2015-05 | 103.4 |
| 2015-04 | 103.4 |
| 2015-03 | 102.4 |
| 2015-02 | 102.4 |
| 2015-01 | 99.1 |
| 2014-12 | 94.4 |
| 2014-11 | 92.8 |
| 2014-10 | 89.2 |
| 2014-09 | 88.3 |
| 2014-08 | 90.4 |
| 2014-07 | 96.8 |
| 2014-06 | 94.6 |
| 2014-05 | 96.4 |
| 2014-04 | 96.5 |
| 2014-03 | 95.4 |
| 2014-02 | 94.6 |
| 2014-01 | 95.2 |
| 2013-12 | 93.9 |
| 2013-11 | 92.0 |
| 2013-10 | 95.3 |
| 2013-09 | 97.8 |
| 2013-08 | 93.4 |
| 2013-07 | 85.1 |
| 2013-06 | 84.9 |
| 2013-05 | 83.3 |
| 2013-04 | 84.3 |
| 2013-03 | 86.4 |
| 2013-02 | 89.6 |
| 2013-01 | 84.7 |
| 2012-12 | 87.9 |
| 2012-11 | 88.1 |
| 2012-10 | 87.3 |
| 2012-09 | 85.6 |
| 2012-08 | 91.0 |
| 2012-07 | 89.3 |
| 2012-06 | 93.1 |
| 2012-05 | 90.8 |
| 2012-04 | 96.0 |
| 2012-03 | 93.3 |
| 2012-02 | 90.6 |
| 2012-01 | 88.0 |
| 2011-12 | 92.9 |
| 2011-11 | 93.9 |
| 2011-10 | 94.6 |
| 2011-09 | 93.9 |
| 2011-08 | 98.3 |
| 2011-07 | 101.3 |
| 2011-06 | 102.0 |
| 2011-05 | 104.0 |
| 2011-04 | 103.2 |
| 2011-03 | 103.9 |
| 2011-02 | 106.7 |
| 2011-01 | 106.9 |
| 2010-12 | 108.1 |
| 2010-11 | 104.4 |
| 2010-10 | 107.8 |
| 2010-09 | 106.1 |
| 2010-08 | 106.5 |
| 2010-07 | 101.1 |
| 2010-06 | 101.3 |
| 2010-05 | 101.9 |
| 2010-04 | 103.3 |
| 2010-03 | 97.8 |
| 2010-02 | 98.7 |
| 2010-01 | 98.2 |
| 2009-12 | 96.5 |
| 2009-11 | 98.3 |
| 2009-10 | 92.6 |
| 2009-09 | 90.3 |
| 2009-08 | 87.3 |
| 2009-07 | 86.0 |
| 2009-06 | 79.2 |
| 2009-05 | 80.2 |
| 2009-04 | 75.1 |
| 2009-03 | 82.6 |
| 2009-02 | 78.1 |
| 2009-01 | 77.1 |
| 2008-12 | 75.8 |
| 2008-11 | 84.2 |
| 2008-10 | 80.4 |
| 2008-09 | 96.7 |
| 2008-08 | 93.0 |
| 2008-07 | 95.4 |
| 2008-06 | 99.7 |
| 2008-05 | 103.4 |
| 2008-04 | 103.6 |
| 2008-03 | 110.0 |
| 2008-02 | 109.1 |
| 2008-01 | 110.4 |
| 2007-12 | 115.0 |
| 2007-11 | 113.0 |
| 2007-10 | 111.7 |
| 2007-09 | 112.0 |
| 2007-08 | 115.5 |
| 2007-07 | 117.6 |
| 2007-06 | 121.0 |
| 2007-05 | 114.9 |
| 2007-04 | 113.6 |
| 2007-03 | 111.4 |
| 2007-02 | 112.8 |
| 2007-01 | 107.9 |
| 2006-12 | 108.6 |
| 2006-11 | 111.1 |
| 2006-10 | 111.9 |
| 2006-09 | 110.5 |
| 2006-08 | 109.9 |
| 2006-07 | 108.2 |
| 2006-06 | 107.8 |
| 2006-05 | 105.4 |
| 2006-04 | 103.7 |
| 2006-03 | 102.3 |
| 2006-02 | 102.8 |
| 2006-01 | 103.2 |
| 2005-12 | 104.3 |
| 2005-11 | 99.7 |
| 2005-10 | 101.9 |
| 2005-09 | 99.3 |
| 2005-08 | 97.9 |
| 2005-07 | 95.9 |
| 2005-06 | 98.0 |
| 2005-05 | 101.4 |
| 2005-04 | 103.8 |
| 2005-03 | 104.3 |
| 2005-02 | 103.8 |
| 2005-01 | 106.2 |
graphiqueComposite indicator
- Source: INSEE
The balance related to ordering intentions has sharply retreated
In November 2024, the balance related to the ordering intentions has sharply retreated and moved away from its long-term average. The balance related to the expected sales has diminished again slightly and has moved away from its own. Conversely, the balance on the past sales has rebounded sharply and has moved above its average; the one related to the general business outlook has rebounded a bit and has moved away from its own.
The balance of opinion associated with the expected change in the workforce size has diminished again and has moved away from its long-term average. Besides, the one on its past change has increased again a bit and has moved closer to its own.
The balance associated with the current level of stocks has increased again and has moved away from its average.
The bimonthly balance on the cash position has sharply increased and has moved closer to its own.
The balance of opinion on the expected prices is almost stable, at the level of its long-term average. The bimonthly balance on the past prices is stable just below its own.
Lastly, the balance on the felt economic uncertainty has increased and has moved closer to its long-term average.
tableauTendency in retail trade and in trade and repair of motor vehicles
| Ave. (1) | Aug. 24 | Sept. 24 | Oct. 24 | Nov. 24 | |
|---|---|---|---|---|---|
| Business climate | 100 | 97 | 100 | 99 | 98 |
| General business outlook | -27 | -27 | -21 | -24 | -23 |
| Recent sales | -9 | -15 | -9 | -13 | -8 |
| Expected sales | -4 | -9 | -7 | -9 | -10 |
| Ordering intentions | -9 | -12 | -11 | -10 | -14 |
| Stocks | 10 | 12 | 12 | 13 | 15 |
| Past selling prices (2) | -3 | - | -5 | - | -5 |
| Expected selling prices | 0 | -2 | 0 | 1 | 0 |
| Cash position (2) | -15 | - | -22 | - | -18 |
| Past workforce size | -1 | -7 | -7 | -4 | -3 |
| Expected workforce size | -4 | -6 | -5 | -8 | -11 |
| Economic uncertainty felt (3) | 37 | 33 | 32 | 32 | 34 |
- (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 | |
|---|---|---|
| 2024-11 | -13.6 | -7.6 |
| 2024-10 | -10.1 | -12.6 |
| 2024-09 | -11.3 | -9.3 |
| 2024-08 | -11.9 | -15.1 |
| 2024-07 | -15.4 | -18.2 |
| 2024-06 | -8.6 | -15.3 |
| 2024-05 | -9.2 | -10.4 |
| 2024-04 | -8.1 | -5.3 |
| 2024-03 | -8.4 | -9.8 |
| 2024-02 | -7.6 | -13.5 |
| 2024-01 | -6.4 | -0.9 |
| 2023-12 | -12.4 | -11.9 |
| 2023-11 | -14.8 | -14.5 |
| 2023-10 | -12.4 | -5.4 |
| 2023-09 | -8.3 | 1.0 |
| 2023-08 | -10.9 | 6.0 |
| 2023-07 | -8.5 | -1.3 |
| 2023-06 | -8.8 | -8.1 |
| 2023-05 | -13.6 | -5.6 |
| 2023-04 | -10.3 | -1.1 |
| 2023-03 | -14.5 | -4.6 |
| 2023-02 | -9.1 | -1.4 |
| 2023-01 | -12.0 | 5.9 |
| 2022-12 | -9.5 | -0.7 |
| 2022-11 | -15.4 | 2.0 |
| 2022-10 | -9.9 | -3.1 |
| 2022-09 | -14.6 | -5.6 |
| 2022-08 | -10.5 | -12.7 |
| 2022-07 | -10.6 | -20.3 |
| 2022-06 | -13.0 | -15.6 |
| 2022-05 | -12.4 | -13.0 |
| 2022-04 | -17.8 | -18.4 |
| 2022-03 | -4.6 | -11.3 |
| 2022-02 | -2.0 | -7.3 |
| 2022-01 | -3.5 | -5.0 |
| 2021-12 | -1.1 | -5.7 |
| 2021-11 | -0.5 | -11.3 |
| 2021-10 | -5.1 | -18.1 |
| 2021-09 | -2.5 | -11.8 |
| 2021-08 | 0.0 | 10.7 |
| 2021-07 | 3.5 | 0.5 |
| 2021-06 | 0.8 | -1.5 |
| 2021-05 | -5.1 | -10.8 |
| 2021-04 | -14.3 | -7.1 |
| 2021-03 | -8.1 | -15.3 |
| 2021-02 | -14.5 | -14.3 |
| 2021-01 | -13.5 | -5.4 |
| 2020-12 | -11.1 | -21.4 |
| 2020-11 | -36.8 | 7.6 |
| 2020-10 | -0.5 | -2.6 |
| 2020-09 | -6.2 | 6.0 |
| 2020-08 | -8.5 | -10.2 |
| 2020-07 | -7.8 | -41.8 |
| 2020-06 | -13.6 | -47.8 |
| 2020-05 | -44.9 | -56.3 |
| 2020-04 | -54.6 | -3.9 |
| 2020-03 | -12.4 | -3.6 |
| 2020-02 | -0.1 | 1.3 |
| 2020-01 | -3.2 | 10.8 |
| 2019-12 | 1.2 | -1.4 |
| 2019-11 | -1.2 | -5.8 |
| 2019-10 | -3.2 | -6.6 |
| 2019-09 | -3.0 | 0.4 |
| 2019-08 | -13.3 | -5.2 |
| 2019-07 | -2.6 | -3.7 |
| 2019-06 | -7.6 | -9.1 |
| 2019-05 | -4.4 | -10.9 |
| 2019-04 | 2.3 | -12.9 |
| 2019-03 | -2.7 | -17.4 |
| 2019-02 | -5.9 | -10.3 |
| 2019-01 | -7.0 | -9.4 |
| 2018-12 | -6.0 | -8.9 |
| 2018-11 | -0.9 | -6.7 |
| 2018-10 | -2.4 | -8.3 |
| 2018-09 | 1.9 | 1.9 |
| 2018-08 | 7.7 | 0.3 |
| 2018-07 | 6.6 | -2.1 |
| 2018-06 | 5.6 | -8.7 |
| 2018-05 | 4.4 | -6.8 |
| 2018-04 | 3.8 | -9.9 |
| 2018-03 | 1.8 | -7.9 |
| 2018-02 | 4.2 | 4.7 |
| 2018-01 | 5.5 | 1.6 |
| 2017-12 | 5.4 | 1.5 |
| 2017-11 | 7.6 | -4.9 |
| 2017-10 | 9.8 | -0.5 |
| 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 on the ordering intentions has retreated sharply in trade and repair of motor vehicles
The balance associated with the ordering intentions has retreated strongly in trade and repair of motor vehicles and has moved away from its long-term average, while it is almost stable in retail trade (excluding motor vehicles) at the level of its own.
The balance associated with the expected change in the workforce size has diminished again in retail trade (excluding motor vehicles), moving away from its average, and to a lesser extent in trade and repair of motor vehicles, where it has moved closer to its own.
The balance associated with the past and expected sales have rebounded sharply in retail trade (excluding motor vehicles), but have diminished in trade and repair of motor vehicles where they have moved away from their respective average. In this sub-sector, the balance associated with the expected sales has reached a level unobserved since August 2022.
The balance associated with the current level of stocks has increased sharply again in trade and repair of motor vehicles, and has moved further away from its average. It has diminished again a bit in retail trade (excluding motor vehicles) where it has moved closer to its own.
tableauBalances of opinion by sub-sector in retail trade and trade and repair of motor vehicles
| Ave. (1) | Aug. 24 | Sept. 24 | Oct. 24 | Nov. 24 | |
|---|---|---|---|---|---|
| Retail trade | |||||
| General business outlook | -28 | -27 | -20 | -22 | -21 |
| Recent sales | -8 | -13 | -9 | -12 | -3 |
| Expected sales | -2 | -6 | -7 | -9 | -3 |
| Ordering intentions | -9 | -8 | -10 | -10 | -9 |
| Stocks | 10 | 10 | 14 | 12 | 11 |
| Past selling prices (2) | -5 | - | -6 | - | -4 |
| Expected selling prices | -2 | 1 | 1 | 2 | 1 |
| Cash position (2) | -14 | - | -21 | - | -18 |
| Past workforce size | 0 | -8 | -7 | -3 | -4 |
| Expected workforce size | -4 | -8 | -6 | -10 | -14 |
| Economic uncertainty felt (3) | 36 | 35 | 30 | 32 | 32 |
| Trade and repair of motor vehicles | |||||
| General business outlook | -25 | -28 | -23 | -28 | -28 |
| Recent sales | -9 | -19 | -10 | -13 | -15 |
| Expected sales | -8 | -15 | -9 | -8 | -20 |
| Ordering intentions | -10 | -18 | -13 | -10 | -21 |
| Stocks | 12 | 15 | 8 | 15 | 22 |
| Past selling prices (2) | 4 | - | -2 | - | -6 |
| Expected selling prices | 6 | -6 | -1 | -1 | -1 |
| Cash position (2) | -21 | - | -24 | - | -18 |
| Past workforce size | -7 | -3 | -5 | -6 | -2 |
| Expected workforce size | -5 | 0 | -2 | -2 | -4 |
| Economic uncertainty felt (3) | 41 | 29 | 36 | 32 | 37 |
- (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 October 2024 in retail trade (including trade and repair of motor vehicles) has not been revised (after rounding).
For more information
The whole sector “retail trade and trade and repair of motor vehicles” is composed for 66% of retail trade and for 34% 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.
The responses of this survey were collected between 28 October and 18 November 2024; most companies answer during the first two weeks of collection.
Next issue: 19 December 2024 at 8:45 am.
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