Informations Rapides ·
21 February 2025 · n° 44
In February 2025, the business climate is stable in retail trade and in trade and
repair of motor vehicles Monthly survey of retailing - February 2025
In February 2025, the business climate is stable in retail trade and trade and repair of motor vehicles overall. At 97 since December, the indicator that synthesizes it lies below its long-term average (100). The balance on the ordering intentions has rebounded and the one on the past sales has retreated.
In February 2025, the business climate is stable in retail trade and trade and repair of motor vehicles overall. At 97 since December, the indicator that synthesizes it lies below its long-term average (100). The balance on the ordering intentions has rebounded and the one on the past sales has retreated.
tableauComposite indicator
Business climate synthetic indicator | |
---|---|
2025-02 | 97.1 |
2025-01 | 96.9 |
2024-12 | 96.6 |
2024-11 | 98.4 |
2024-10 | 99.2 |
2024-09 | 100.1 |
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 | 104.1 |
2023-12 | 99.9 |
2023-11 | 97.1 |
2023-10 | 98.3 |
2023-09 | 102.7 |
2023-08 | 103.2 |
2023-07 | 104.4 |
2023-06 | 101.3 |
2023-05 | 98.0 |
2023-04 | 100.6 |
2023-03 | 98.0 |
2023-02 | 101.3 |
2023-01 | 99.8 |
2022-12 | 99.4 |
2022-11 | 96.8 |
2022-10 | 98.0 |
2022-09 | 96.5 |
2022-08 | 97.6 |
2022-07 | 94.5 |
2022-06 | 94.1 |
2022-05 | 95.4 |
2022-04 | 91.3 |
2022-03 | 99.6 |
2022-02 | 107.1 |
2022-01 | 104.7 |
2021-12 | 107.7 |
2021-11 | 109.1 |
2021-10 | 106.8 |
2021-09 | 108.1 |
2021-08 | 108.8 |
2021-07 | 114.1 |
2021-06 | 115.6 |
2021-05 | 108.2 |
2021-04 | 91.8 |
2021-03 | 96.6 |
2021-02 | 89.9 |
2021-01 | 94.0 |
2020-12 | 93.7 |
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 | 60.7 |
2020-04 | 57.7 |
2020-03 | 93.2 |
2020-02 | 107.6 |
2020-01 | 106.8 |
2019-12 | 109.1 |
2019-11 | 106.9 |
2019-10 | 106.7 |
2019-09 | 107.3 |
2019-08 | 100.4 |
2019-07 | 106.6 |
2019-06 | 104.0 |
2019-05 | 105.2 |
2019-04 | 108.3 |
2019-03 | 104.5 |
2019-02 | 103.3 |
2019-01 | 101.5 |
2018-12 | 99.7 |
2018-11 | 107.2 |
2018-10 | 107.3 |
2018-09 | 110.4 |
2018-08 | 113.7 |
2018-07 | 114.8 |
2018-06 | 113.3 |
2018-05 | 113.6 |
2018-04 | 113.9 |
2018-03 | 114.0 |
2018-02 | 117.0 |
2018-01 | 117.0 |
2017-12 | 116.7 |
2017-11 | 116.4 |
2017-10 | 117.2 |
2017-09 | 113.7 |
2017-08 | 111.4 |
2017-07 | 112.2 |
2017-06 | 111.4 |
2017-05 | 107.2 |
2017-04 | 105.9 |
2017-03 | 108.2 |
2017-02 | 108.0 |
2017-01 | 109.3 |
2016-12 | 108.6 |
2016-11 | 103.2 |
2016-10 | 102.0 |
2016-09 | 103.0 |
2016-08 | 104.9 |
2016-07 | 104.7 |
2016-06 | 104.2 |
2016-05 | 106.4 |
2016-04 | 103.1 |
2016-03 | 104.1 |
2016-02 | 102.7 |
2016-01 | 104.4 |
2015-12 | 101.7 |
2015-11 | 105.4 |
2015-10 | 108.7 |
2015-09 | 106.3 |
2015-08 | 107.0 |
2015-07 | 103.4 |
2015-06 | 104.6 |
2015-05 | 103.4 |
2015-04 | 103.4 |
2015-03 | 102.5 |
2015-02 | 102.4 |
2015-01 | 99.1 |
2014-12 | 94.4 |
2014-11 | 92.8 |
2014-10 | 89.1 |
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 | 85.0 |
2013-06 | 84.9 |
2013-05 | 83.3 |
2013-04 | 84.3 |
2013-03 | 86.3 |
2013-02 | 89.6 |
2013-01 | 84.6 |
2012-12 | 87.8 |
2012-11 | 88.1 |
2012-10 | 87.2 |
2012-09 | 85.6 |
2012-08 | 91.0 |
2012-07 | 89.2 |
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 | 104.1 |
2011-04 | 103.3 |
2011-03 | 103.9 |
2011-02 | 106.8 |
2011-01 | 107.0 |
2010-12 | 108.1 |
2010-11 | 104.5 |
2010-10 | 107.9 |
2010-09 | 106.2 |
2010-08 | 106.5 |
2010-07 | 101.2 |
2010-06 | 101.3 |
2010-05 | 101.9 |
2010-04 | 103.4 |
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 | 85.9 |
2009-06 | 79.2 |
2009-05 | 80.2 |
2009-04 | 75.0 |
2009-03 | 82.6 |
2009-02 | 78.1 |
2009-01 | 77.1 |
2008-12 | 75.8 |
2008-11 | 84.1 |
2008-10 | 80.3 |
2008-09 | 96.7 |
2008-08 | 93.0 |
2008-07 | 95.4 |
2008-06 | 99.7 |
2008-05 | 103.5 |
2008-04 | 103.7 |
2008-03 | 110.1 |
2008-02 | 109.1 |
2008-01 | 110.5 |
2007-12 | 115.1 |
2007-11 | 113.0 |
2007-10 | 111.7 |
2007-09 | 112.1 |
2007-08 | 115.5 |
2007-07 | 117.6 |
2007-06 | 121.1 |
2007-05 | 114.9 |
2007-04 | 113.7 |
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 | 108.3 |
2006-06 | 107.8 |
2006-05 | 105.5 |
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 | 104.4 |
2005-02 | 103.8 |
2005-01 | 106.2 |
graphiqueComposite indicator

- Source: INSEE.
The balance of opinion related to the ordering intentions has rebounded
In February 2025, the balance related to the ordering intentions has rebounded and has moved closer to its long-term average. The balance related to the general business outlook has retreated and has moved below its average. The balance related to the past sales has sharply retreated and has also moved below its own. The balance on the expected sales has diminished again and has moved away from its average.
The balance of opinion associated with the expected change in the workforce size has increased again and has moved closer to its long-term average, while the one on their past change has diminished again a little and has moved away from its own.
The balance associated with the current level of stocks is stable for the third month in a row, above its average.
The balance of opinion on the expected selling prices has slightly retreated and has moved below its long-term average.
Lastly, the balance on the felt economic uncertainty has rebounded.
tableauTendency in retail trade and in trade and repair of motor vehicles
Ave. (1) | Nov. 24 | Dec. 24 | Jan. 25 | Feb. 25 | |
---|---|---|---|---|---|
Business climate | 100 | 98 | 97 | 97 | 97 |
General business outlook | -27 | -23 | -27 | -26 | -28 |
Recent sales | -9 | -7 | -14 | -8 | -17 |
Expected sales | -4 | -9 | -7 | -11 | -12 |
Ordering intentions | -9 | -13 | -11 | -13 | -11 |
Stocks | 10 | 15 | 15 | 15 | 15 |
Past selling prices (2) | -3 | -4 | - | -2 | - |
Expected selling prices | 0 | 1 | -3 | 2 | -1 |
Cash position (2) | -15 | -18 | - | -21 | - |
Past workforce size | -1 | -3 | -6 | -8 | -9 |
Expected workforce size | -4 | -11 | -14 | -10 | -7 |
Economic uncertainty felt (3) | 37 | 34 | 37 | 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 | |
---|---|---|
2025-02 | -11.2 | -16.7 |
2025-01 | -13.3 | -8.2 |
2024-12 | -10.8 | -14.1 |
2024-11 | -12.7 | -7.3 |
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 past sales has strongly retreated in retail trade (excluding motor vehicles)
In February 2025, the balance associated with the past sales has strongly retreated in retail trade (excluding motor vehicles) and has moved below its long-term average, while it is almost stable in trade and repair of motor vehicles, far below its own. The balance on the expected sales has diminished again in retail trade (excluding motor vehicles) and has moved away from its average, whereas it has increased again in trade and repair of motor vehicles, while remaining below its own.
The balance associated with the ordering intentions has rebounded in retail trade (excluding motor vehicles) where it has moved above its long-term average, while it has retreated in trade and repair of motor vehicles where it has moved away from its own.
The balances associated with the expected change in the workforce size have increased again in both sub-sectors: the one in retail trade (excluding motor vehicles) has moved closer to its average, while the one in trade and repair of motor vehicles has moved above its own.
The balances of opinion on the expected prices have retreated in both sub-sectors: the one in retail trade (excluding motor vehicles) has moved closer to its average, whereas the one in trade and repair of motor vehicles has moved away from its own.
tableauBalances of opinion by sub-sector in retail trade and trade and repair of motor vehicles
Ave. (1) | Nov. 24 | Dec. 24 | Jan. 25 | Feb. 25 | |
---|---|---|---|---|---|
Retail trade | |||||
General business outlook | -28 | -21 | -24 | -24 | -27 |
Recent sales | -8 | -4 | -13 | 1 | -12 |
Expected sales | -2 | -3 | 2 | -7 | -10 |
Ordering intentions | -9 | -9 | -4 | -12 | -7 |
Stocks | 10 | 12 | 11 | 14 | 12 |
Past selling prices (2) | -5 | -3 | - | -3 | - |
Expected selling prices | -2 | 2 | 1 | 5 | 2 |
Cash position (2) | -14 | -18 | - | -22 | - |
Past workforce size | 0 | -4 | -6 | -9 | -11 |
Expected workforce size | -4 | -13 | -16 | -12 | -8 |
Economic uncertainty felt (3) | 35 | 33 | 36 | 32 | 34 |
Trade and repair of motor vehicles | |||||
General business outlook | -25 | -27 | -38 | -32 | -28 |
Recent sales | -9 | -14 | -16 | -26 | -25 |
Expected sales | -8 | -18 | -22 | -18 | -15 |
Ordering intentions | -11 | -20 | -23 | -17 | -21 |
Stocks | 12 | 22 | 23 | 19 | 20 |
Past selling prices (2) | 4 | -6 | - | -2 | - |
Expected selling prices | 6 | -1 | -10 | -4 | -6 |
Cash position (2) | -21 | -17 | - | -18 | - |
Past workforce size | -7 | -1 | -5 | -5 | -1 |
Expected workforce size | -5 | -4 | -8 | -5 | -4 |
Economic uncertainty felt (3) | 41 | 36 | 38 | 31 | 33 |
- (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 January 2025 in retail trade (including trade and repair of motor vehicles) has not been revised.
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 27 January and 18 February 2025; most companies answer during the first two weeks of collection.
Next issue: 21 March 2025 at 8:45 am.