In June 2017, the sales volume in overall trade was virtually stableSales volume in wholesale and retail trade - June 2017

In June 2017, the sales volume in overall trade was virtually stable after an increase of 2.0% in May. It grew slightly in wholesale trade (+0.4% after +2.3%). By contrast, it fell back slightly in retail trade (−0.4% after +0.6%) and in trade and repair of motor vehicles and motorcycles (−0.2% after +4.0%).

Informations rapides
No 232
Paru le : 31/08/2017
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 June 2017, the sales volume in overall trade was virtually stable after an increase of 2.0% in May. It grew slightly in wholesale trade (+0.4% after +2.3%). By contrast, it fell back slightly in retail trade (−0.4% after +0.6%) and in trade and repair of motor vehicles and motorcycles (−0.2% after +4.0%).

The sales volume in overall trade rose by 1.0% over the last three months

Over the last three months, the sales volume in overall trade went up by 1.0% compared to the previous three months. It rose sharply in wholesale trade (+1.4%). It went up more moderately in retail trade (+0.4%) – it increased by 0.7% in non-specialised stores and by 1.6% in retail trade not in stores, while it flattened out in specialised stores. Finally, the sales volume in retail trade and repair of motor vehicles and motorcycles also increased (+0.5%).

The sales volume rose by 3.2% over a year

Over the last three months, the sales volume in overall trade rose by 3.2% year on year. It rose significantly in wholesale trade (+2.5%). It also rose sharply in retail trade (+3.2%) – it grew in specialised stores (+2.7%) and non-specialised stores (+3.9%) as well as in retail trade not in stores (+3.7%). It went up substantially in trade and repair of motor vehicles and motorcycles (+6.0%).

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

  • Sources: DGFiP, INSEE

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

SA-WDA volume, Base year 2010
Sales volume in wholesale and retail trade; repair of motor vehicles and motorcycles
Change in %
NACE Classification Weight June/ May May/ Apr q-o-q (1) y-o-y (2)
G Wholesale and retail trade ; repair of motor vehicles and motorcycles 10000 0.1 2.0 1.0 3.2
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 1248 –0.2 4.0 0.5 6.0
46 Wholesale trade, except of motor vehicles and motorcycles 5748 0.4 2.3 1.4 2.5
47 Retail trade, except of motor vehicles and motorcycles 3004 –0.4 0.6 0.4 3.2
471 Retail sale in non- specialised stores 1112 0.0 0.4 0.7 3.9
472 to 477 Retail sale in specialised stores 1718 –0.8 0.6 0.1 2.7
478 and 479 Retail trade not in stores 174 0.7 1.1 1.6 3.7
  • (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 classification NAF rev.2
  • Sources: DGFiP, INSEE

Slight increase in wholesale trade

In June 2017, the sales volume in whosesale trade grew slightly (+0.4% after +2.3% in May). It increased again in wholesale of household goods (+1.6% after +3.6%), in wholesale trade of other machinery, equipment and supplies (+1.6% after +0.6%) and in wholesale on a fee or contract basis (+1.1% after +1.6%). By contrast, the sales volume shrank in other specialised wholesale (−2.3% after +4.2%) and in wholesale of agricultural raw materials and live animals (−1.6% after +0.7%). Finally, it flattened out in wholesale of food, beverages and tobacco (+0.1% after +1.2%).

Slight downturn in sales volume of retail trade

In June 2017, the sales volume in retail trade fell back slightly (−0.4% after +0.6% in May). Among specialised stores, the downturn largely stemmed from a fall in retail sale of other goods (−2.0% after +1.6% in May) and in retail sale of cultural and recreation goods (−1.3% after −0.6% in May). By contrast, the sales volume grew in retail sale of other household equipment (+1.2% after −0.7%) and in retail sale of information and communication equipment (+1.0% after +0.8%). The sales volume in non-specialised stores stagnated after a slight increase in May (+0.4%).

According to the first early estimates, the sales volume in retail trade except of motor vehicles and motorcycles should rise in July 2017 (+0.5%), taking year-on-year growth to +3.3%.

Slight decrease in sales volume of trade and repair of motor vehicles and motorcycles

In June 2017, the sales volume in trade and repair of motor vehicles and motorcycles fell back slightly (−0.2% after +4.0% in May). This decline was mainly due to a downturn in sale of motor vehicle parts and accessories (−0.9% after +5.0% in May). By contrast, the sales volume gathered pace in sale and repair of motorcycles (+2.4% after +1.7%) and it increased in maintenance and repair of motor vehicles (+0.6% after +2.3%). The sales volume of motor vehicles was stable after a clear rebound in May (+3.9%)

Revisions

The variation in the sales volume of overall trade in May 2017 has been revised upwards. Initially stated at +1.6%, it has been set at +2.0%, mainly due to the revision of the raw series.

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

SA-WDA volume, Base year 2010
Sales volume in wholesale and retail trade; repair of motor vehicles and motorcycles
Change in %
Nace Classification Weight June 2017 June/ May May/ Apr. q-o-q (1)
G Wholesale and retail trade; repair of motor vehicles and motorcycles 10000 114,6 0,1 2,0 1,0
45 Wholesale and retail trade and repair of motor vehicles and moto. 1248 121.0 –0.2 4.0 0.5
451 Sale of motor vehicles 837 116.9 0.0 3.9 –0.1
452 Maintenance and repair of motor vehicles 97 109.2 0.6 2.3 –1.1
453 Sale of motor vehicle parts and accessories 283 139.4 –0.9 5.0 2.2
454 Sale, maintenance and repair of moto. and related parts and accessories 31 97.3 2.4 1.7 2.3
46 Wholesale trade, except of motor vehicles and moto. 5748 110.3 0.4 2.3 1.4
461 Wholesale on a fee or contract basis 869 123.9 1.1 1.6 2.5
462 Wholesale of agricultural raw materials and live animals 319 91.6 –1.6 0.7 0.5
463 Wholesale of food, beverages and tobacco 992 108.8 0.1 1.2 1.4
464 Wholesale of household goods 1196 117.1 1.6 3.6 1.4
465 Wholesale of information and communication equipment 349 120.6 0.4 1.2 3.0
466 Wholesale of other machinery, equipmt and supplies 721 111.6 1.6 0.6 1.6
467 Other specialised wholesale 1138 93.4 –2.3 4.2 0.3
469 Non specialised wholesale trade 164 123.6 1.6 4.1 0.7
47 Retail trade, except of motor vehicles and moto. 3004 120.1 –0.4 0.6 0.4
471 Non-specialised stores 1112 113.7 0.0 0.4 0.7
472 to 477 Specialised stores 1718 123.6 –0.8 0.6 0.1
472 Retail sale of food, beverages and tobacco 144 139.1 0.2 –0.4 1.0
473 Retail sale of automotive fuel 231 96.2 0.0 –0.4 0.3
474 Retail sale of information and communication equipmt 84 188.5 1.0 0.8 –0.1
475 Retail sale of other household equipment 338 106.1 1.2 –0.7 –0.7
476 Retail sale of cultural and recreation goods 143 108.9 –1.3 –0.6 0.8
477 Retail sale of other goods 778 132.1 –2.0 1.6 0.1
478 et 479 Retail trade not in stores 174 126.2 0.7 1.1 1.6
  • (1) Quarter-on-quarter: last three months /previous three months.
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
May/ Apr Apr/ Mar Mar/ Feb. Q1 2017/ Q4 2016 2016/ 2015
G Overall trade 0.31 0.04 0.00 –0.04 0.01
Raw series 0.26 0.02 0.05 –0.06 0.01
SA-WDA parameters 0.05 0.02 –0.05 0.02 0.00
  • How to read: in the wholesale and retail trade; repair of motor vehicles and motorcycles, the SA-WDA variation between April and May is revised upwards by +0.31 points, +0.26 points due to the revision of raw data, +0.05 points to the update of SA-WDA parameters
  • Sources: DGFiP, INSEE