In February 2017, the sales volume in overall trade grew by 0.4%Sales volume in wholesale and retail trade - February 2017

In February 2017, the sales volume in overall trade rose by 0.4% after an increase of 0.3% in January.

It gathered pace in retail trade (+0.8% after +0.2%). It picked up slightly in wholesale trade (+0.3% after +0.0%). By contrast, it flattened out in trade and repair of motor vehicles and motorcycles, after +1.3% in January.

Informations rapides
No 119
Paru le : 28/04/2017
Prochaine parution le : 29/09/2017 at 12:00 - July 2017

The commentary shows variations of subsections by decreasing contribution to the overall variation. The contribution of a subsection depends on the extent of the change and on its weight.

In February 2017, the sales volume in overall trade rose by 0.4% after an increase of 0.3% in January.

It gathered pace in retail trade (+0.8% after +0.2%). It picked up slightly in wholesale trade (+0.3% after +0.0%). By contrast, it flattened out in trade and repair of motor vehicles and motorcycles, after +1.3% in January.

The sales volume in overall trade rose weakly over the last three months

Over the last three months, the sales volume in overall trade went up a little (+0.2%). It rose markedly in the wholesale and retail trade and repair of motor vehicles and motorcycles (+1.7%). It grew more slowly in retail trade (+0.6%). In particular, the sales volume increased markedly in specialised stores (+0.9%) and more slightly in non-specialised stores (+0.4%), while it decreased in retail trade not in stores (−0.7%). Finally, the sales volume in wholesale trade dropped moderately (−0.4%).

On the rise over a year

The sales volume of the past three months in overall trade increased by 1.7% compared to the same period a year before. It rose significantly in retail trade (+2.8%) – it grew in both specialised and non-specialised stores (+2.9%) and more moderately in retail trade not in stores (+1.2%). It went up substantially in trade and repair of motor vehicles and motorcycles (+7.1%). By contrast, the sales volume in wholesale trade was practically stable (−0.1%).

Graph1 – Sales volume in wholesale and retail trade ; repair of motor vehicles and motorcycles

  • Sources: DGFiP, INSEE

Table1 – Sales volume in the retail trade; repair of motor vehicles and motorcycles

SA-WDA volume, Base year 2010
Sales volume in the retail trade; repair of motor vehicles and motorcycles
Change in %
NACE Classification Weight Feb./Jan. Jan./Dec. q-o-q (1) y-o-y (2)
G Wholesale and retail trade; repair of motor vehicles and motorcycles 10000 0.4 0.3 0.2 1.7
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 1248 0.0 1.3 1.7 7.1
46 Wholesale trade, except of motor vehicles and motorcycles 5748 0.3 0.0 –0.4 –0.1
47 Retail trade, except of motor vehicles and motorcycles 3004 0.8 0.2 0.6 2.8
471 Retail sale in non-specialised stores 1112 0.2 0.3 0.4 2.9
472 to 477 Retail sale in specialised stores 1718 1.1 0.2 0.9 2.9
478 and 479 Retail trade not in stores 174 1.5 0.1 –0.7 1.2
  • (1) Quarter-on-quarter: last three months /previous three months.
  • (2) Year-on-year: last three months / same three months of the previous year.
  • The codes correspond to different levels of aggregation of the NACE rev.2 classification.
  • Sources: DGFiP, INSEE

Acceleration in retail trade

In February 2017, the sales volume in retail trade gathered pace (+0.8% after +0.2% in January). It accelerated notably in specialised stores (+1.1% after +0.2%). In particular, the sales volume in other specialised stores (clothing, shoes etc.) bounced back sharply (+2.6% after −1.2%). It increased again in other household equipment (+1.2% after +0.7%) and cultural and recreation goods (+1.6% after +1.2%). By contrast, it shrank markedly in retail sale of information and communication equipment (−5.7% after +5.0%).

According to the first early estimates, the sales volume in retail trade except of motor vehicles and motorcycles should rose again in March 2017 (+0,6%), taking year-on-year growth to +3.1%.

Slight increase in wholesale trade

The sales volume in whosesale trade grew slightly in February 2017 (+0.3%) after stability in January. It bounced back strongly for wholesalers of information and communication equipment (+8.9% after −5.4%). It lost steam in wholesale trade of other machinery, equipment and supplies (+0.7% after +3.1%) and food, beverages and tobacco (+0.4% after +3.3%). By contrast, two wholesale subsectors faced a further decrease in sales volume: household goods (−1.4% after −0.4%) and agricultural raw materials and live animals (−2,9% after −3.3%).

Stability in sales volume of trade and repair of motor vehicles and motorcycles

In February 2017, the sales volume in trade and repair of motor vehicles and motorcycles levelled off (+0.0% after +1.3% in January). It recovered strongly in sale, maintenance and repair of motorcycles and related accessories (+13.8% after −7.2%). It grew a little in sale of motor vehicles (+0.2% after +0.8%). Conversely, it shrank in sale of motor vehicle parts and accessories (−1.2% after +3.1%).

Revisions

The variation in the sales volume in overall trade in January 2017 has been revised upwards. Initially stated at +0.1%, it has been set at +0.3%

Table2 – Sales volume in the retail trade; repair of motor vehicles and motorcycles

SA-WDA volume, Base year 2010
Sales volume in the retail trade; repair of motor vehicles and motorcycles
Change in %
NACE Classification Weight Feb. 2017 Feb. / Jan. Jan. / Dec. q-o-q (1)
G Wolesale and retail trade; repair of motor vehicles and motorcycles 10000 111.9 0.4 0.3 0.2
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 1248 118.1 0.0 1.3 1.7
451 Sale of motor vehicles 837 114.9 0.2 0.8 1.9
452 Maintenance and repair of motor vehicles 97 109.1 –0.3 1.5 1.9
453 Sale of motor vehicle parts and accessories 283 133.0 –1.2 3.1 1.5
454 Sale, maintenance and repair of moto. and related parts and accessories 31 97.0 13.8 –7.2 –1.9
46 Wholesale trade, except of motor vehicles and moto. 5748 106.5 0.3 0.0 –0.4
461 Wholesale on a fee or contract basis 869 118.3 0.4 0.7 –0.1
462 Wholesale of agricultural raw materials and live animals 319 87.3 –2.9 –3.3 –7.7
463 Wholesale of food, beverages and tobacco 992 106.6 0.4 3.3 0.1
464 Wholesale of household goods 1196 111.0 –1.4 –0.4 –1.8
465 Wholesale of information and communication equipment 349 120.4 8.9 –5.4 1.8
466 Wholesale of other machinery, equipmt and supplies 721 106.8 0.7 3.1 0.4
467 Other specialised wholesale 1138 91.8 0.0 –1.4 1.3
469 Non specialised wholesale trade 164 118.0 –1.3 –4.6 –0.2
47 Retail trade, except of motor vehicles and moto. 3004 119.7 0.8 0.2 0.6
471 Non-specialised stores 1112 112.8 0.2 0.3 0.4
472 to 477 Specialised stores 1718 124.0 1.1 0.2 0.9
472 Retail sale of food, beverages and tobacco 144 136.8 –0.1 2.2 0.3
473 Retail sale of automotive fuel 231 96.2 –0.6 –0.1 0.2
474 Retail sale of information and communication equipmt 84 179.2 –5.7 5.0 0.2
475 Retail sale of other household equipment 338 106.4 1.2 0.7 0.8
476 Retail sale of cultural and recreation goods 143 109.7 1.6 1.2 –0.2
477 Retail sale of other goods 778 134.1 2.6 –1.2 1.5
478 et 479 Retail trade not in stores 174 121.2 1.5 0.1 –0.7
  • (1) Quarter-on-quarter: last three months /previous three months.
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
Jan. / Dec. Dec. / Nov. Nov. / Oct. Q4 2016 / Q3 2016 2016 / 2015
G Overall trade 0.12 −0.21 −0.02 −0.14 −0.01
Raw series −0.07 −0.22 0.02 −0.06 −0.01
SA-WDA parameters 0.19 0.01 −0.04 −0.08 0.00
  • How to read: in the wholesale and retail trade; repair of motor vehicles and motorcycles, the SA-WDA variation between December 2016 and January 2017 is revised by +0.12 points. Previously set at +0.14% (rounded at +0.1%), it has been revised to +0.26% (rounded at +0.3%).
  • Sources: DGFiP, INSEE