Insee conjoncture

In July 2017, the sales volume in overall trade fell back (−0.4%)Sales volume in wholesale and retail trade - July 2017

In July 2017, the sales volume in overall trade fell back (−0.4%) after a virtual stability in June. It shrank in wholesale trade (−0.6% after +0.4%) and in trade and repair of motor vehicles and motorcycles (−0.9% after +0.2%). By contrast, it recovered in retail trade (+0.4% after −0.5%)

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 July 2017, the sales volume in overall trade fell back (−0.4%) after a virtual stability in June. It shrank in wholesale trade (−0.6% after +0.4%) and in trade and repair of motor vehicles and motorcycles (−0.9% after +0.2%). By contrast, it recovered in retail trade (+0.4% after −0.5%)

The sales volume in overall trade rose by 1.4% over the last three months

Over the last three months, the sales volume in overall trade went up by 1.4% compared to the previous three months. It rose sharply in wholesale trade (+1.9%) and in retail trade and repair of motor vehicles and motorcycles (+2.1%). It went up more moderately in retail trade (+0.4%) – it increased by 3.4% in retail trade not in stores and by 0.4% in non-specialised stores while it flattened out in specialised stores.

The sales volume rose by 4.1% over a year

Over the last three months, the sales volume in overall trade grew by 4.1% year on year. It increased markedly in all sectors. It rose significantly in wholesale trade (+3.5%). It also rose sharply in retail trade (+3.4%) – it grew in specialised stores (+3.2%) and non-specialised stores (+2.8%) as well as in retail trade not in stores (+7.7%). It went up substantially in trade and repair of motor vehicles and motorcycles (+8.1%).

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 July/ June June/ May q-o-q (1) y-o-y (2)
G Wholesale and retail trade ; repair of motor vehicles and motorcycles 10000 –0.4 0.1 1.4 4.1
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 1248 –0.9 0.2 2.1 8.1
46 Wholesale trade, except of motor vehicles and motorcycles 5748 –0.6 0.4 1.9 3.5
47 Retail trade, except of motor vehicles and motorcycles 3004 0.4 –0.5 0.4 3.4
471 Retail sale in non- specialised stores 1112 –0.5 0.0 0.4 2.8
472 to 477 Retail sale in specialised stores 1718 0.8 –0.8 0.1 3.2
478 and 479 Retail trade not in stores 174 1.2 0.4 3.4 7.7
  • (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

Downturn in wholesale trade

In July 2017, the sales volume in whosesale trade fell back (−0.6% after +0.4% in June). It shrank in wholesale of household goods (−1.8% after +1.3%), in wholesale on a fee or contract basis (−1.7% after +0.8%) and in wholesale of food, beverages and tobacco (−1.4% after +0.3%). By contrast, the sales volume recovered in other specialised wholesale (+0.6% after −2.0%) and in wholesale of agricultural raw materials and live animals (+1.7% after −1.1%). It increased again in information and communication equipment (+1.0% after +2.9%).

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

In July 2017, the sales volume in trade and repair of motor vehicles and motorcycles fell back (−0.9% after +0.2% in June). This decline was due to a sharp downturn in sale of motor vehicle (−1.5% after +0.2%), in sale and repair of motorcycles (−4.3% after +2.3%) and in maintenance and repair of motor vehicles (−1.2% after +0.6%). Conversely, the sales volume of motor vehicle parts and accessories rose by 0,8% after a virtual stability in June.

Slight rebound in sales volume of retail trade

In July 2017, the sales volume in retail trade recovered (+0.4% after −0.5% in June), notably in specialised stores (+0.8% after −0.8%). In particular, the sales volume bounced back in retail sale of other goods (+1.5% after −2.1%), in retail sale of information and communication equipment (+3.4% after +1.4%) and in retail sale of automotive fuel (+1.0% after a virtual stability). By contrast, the sales volume fell back sharply in retail sale of food, beverages and tobacco (−3.8% after +0.3%). The sales volume in non-specialised stores fell back by 0.5% after a stability in June.

According to the first early estimates, the sales volume in retail trade except of motor vehicles and motorcycles should fall in August 2017 (−0.6%). It should grow by 3,0% year on year.

Revisions

The variation in the sales volume of overall trade in June 2017 is unchanged at +0.1% (rounded number) compared to the previous release.

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 July 2017 July/ June June/ May q-o-q (1)
G Wolesale and retail trade; repair of motor vehicles and motorcycles 10000 114.6 –0.4 0.1 1.4
45 Wholesale and retail trade and repair of motor vehicles and moto. 1248 120.3 –0.9 0.2 2.1
451 Sale of motor vehicles 837 115.3 –1.5 0.2 1.5
452 Maintenance and repair of motor vehicles 97 107.3 –1.2 0.6 –0.5
453 Sale of motor vehicle parts and accessories 283 142.3 0.8 0.1 4.7
454 Sale, maintenance and repair of moto. and related parts and accessories 31 92.6 –4.3 2.3 –1.2
46 Wholesale trade, except of motor vehicles and moto. 5748 109.7 –0.6 0.4 1.9
461 Wholesale on a fee or contract basis 869 121.4 –1.7 0.8 2.1
462 Wholesale of agricultural raw materials and live animals 319 93.8 1.7 –1.1 0.9
463 Wholesale of food, beverages and tobacco 992 107.1 –1.4 0.3 0.6
464 Wholesale of household goods 1196 114.7 –1.8 1.3 2.9
465 Wholesale of information and communication equipment 349 126.4 1.0 2.9 3.0
466 Wholesale of other machinery, equipmt and supplies 721 110.5 –0.2 0.9 1.0
467 Other specialised wholesale 1138 94.2 0.6 –2.0 1.6
469 Non specialised wholesale trade 164 127.2 1.8 2.1 4.8
47 Retail trade, except of motor vehicles and moto. 3004 121.5 0.4 –0.5 0.4
471 Non-specialised stores 1112 112.9 –0.5 0.0 0.4
472 to 477 Specialised stores 1718 124.8 0.8 –0.8 0.1
472 Retail sale of food, beverages and tobacco 144 133.5 –3.8 0.3 –1.1
473 Retail sale of automotive fuel 231 97.5 1.0 0.1 0.8
474 Retail sale of information and communication equipmt 84 196.7 3.4 1.4 3.2
475 Retail sale of other household equipment 338 106.6 0.1 1.1 –0.5
476 Retail sale of cultural and recreation goods 143 110.2 1.3 –1.4 –0.2
477 Retail sale of other goods 778 134.1 1.5 –2.1 –0.1
478 et 479 Retail trade not in stores 174 143.5 1.2 0.4 3.4
  • (1) Quarter-on-quarter: last three months /previous three months.
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
June/ May May/ Apr Apr/ Mar Q2 2017/ Q1 2017 2016/ 2015
G Overall trade 0.08 0.02 –0.16 0.01 0.12
Raw series 0.13 –0.05 –0.14 –0.06 0.11
SA-WDA parameters –0.05 0.07 –0.02 0.07 0.01
  • How to read: in the wholesale, retail trade and repair of motor vehicles and motorcycles, the SA-WDA variation between May 2017 and June 2017 is revised upwards by 0.08 points, 0.13 points due the the revision of raw data, -0.05 points to to the update of SA-WDA parameters
  • Sources: DGFiP, INSEE