Insee conjoncture

In October 2017, the sales volume in overall trade fell back (−0.9%)Sales volume in wholesale and retail trade - October 2017

In October 2017, the sales volume in overall trade fell back (−0.9%) after an increase in September (+0.5%). It shrank strongly in retail trade (−2.3% after +1.7%). It decreased in wholesale trade (−0.6%) after a virtual stability in September. By contrast, it increased in trade and repair of motor vehicles and motorcycles (+1.0%) after a near stability in September.

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 October 2017, the sales volume in overall trade fell back (−0.9%) after an increase in September (+0.5%). It shrank strongly in retail trade (−2.3% after +1.7%). It decreased in wholesale trade (−0.6%) after a virtual stability in September. By contrast, it increased in trade and repair of motor vehicles and motorcycles (+1.0%) after a near stability in September.

The sales volume in overall trade rose by 0.8% over the last three months

Over the last three months (August to October), the sales volume in overall trade went up by 0.8% compared to the previous three months. It rose in wholesale trade (+0.6%) and a little bit more in retail trade (+0.9%) – it increased in specialised stores (+0.7%), in non-specialised stores (+0.5%). and more strongly in retail trade not in stores (+4.0%). It also went up in retail trade and repair of motor vehicles and motorcycles (+1.5%).

The sales volume rose by 4.5% over a year

Over the last three months, the sales volume in overall trade grew by 4.5% over a year. It increased markedly in all sectors. It rose by 4.4% in wholesale trade. It also rose sharply in retail trade (+3.7%) – it grew in specialised stores (+3.9%) and non-specialised stores (+2.0%) as well as in retail trade not in stores (+10.6%). It went up substantially in trade and repair of motor vehicles and motorcycles (+7.2%).

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

  • Sources: DGFiP, INSEE

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

SA-WDA volume, Base year 2010
Sales volume in retail trade; repair of motor vehicles and motorcycles
Change in %
NACE Classification Weight Oct./ Sept. Sept/ Aug. q-o-q (1) y-o-y (2)
G Wholesale and retail trade; repair of motor vehicles and motorcycles 10000 –0.9 0.5 0.8 4.5
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 1248 1.0 –0.1 1.5 7.2
46 Wholesale trade, except of motor vehicles and motorcycles 5748 –0.6 –0.1 0.6 4.4
47 Retail trade, except of motor vehicles and motorcycles 3004 –2.3 1.7 0.9 3.7
471 Retail sale in non- specialised stores 1112 –2.2 2.3 0.5 2.0
472 to 477 Retail sale in specialised stores 1718 –2.6 1.5 0.7 3.9
478 and 479 Retail trade not in stores 174 –0.4 0.6 4.0 10.6
  • (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

Significant downturn in sales volume of retail trade

In October 2017, the sales volume in retail trade fell back sharply (−2.3% after +1.7% in September), especially for the specialised stores (−2.6% after +1.5%). In particular, the sales volume went down in specialised stores of other goods (clothing, shoes etc.; −3.3% after +2.3% in September), in retail of automotive fuel (−3.6% after +1.8%) and in retail of cultural and recreation goods (−3.1% after +0.1%). In non-specialised stores, the sales volume decreased by 2.2% after an increase of 2.3% in September.

According to the first early estimates, the sales volume in retail trade except of motor vehicles and motorcycles should increase in November 2017 (+1.1%). It should grow by 3.2% year-on-year.

Decrease in wholesale trade

In October 2017, the sales volume in whosesale trade decreased (−0.6%) after a virtual stability in September. It fell back especially in wholesale on a fee or contract basis (−1.7% after −0.8%), in wholesale of other machinery, equipment and supplies (−2.0% after +2.4%), in wholesale of household goods (−1.0% after +0.2%), in wholesale of information and communication equipment (−3.2% after +2.0%). By contrast, the sales volume bounced back in other specialised wholesale (+1.2% after −0.8%) and in wholesale of agricultural raw materials and live animals (+3.9% after −2.2%).

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

In October 2017, the sales volume in trade and repair of motor vehicles and motorcycles increased by 1.0% after a virtual stability in September. This increase was mainly due to a rebound in sale of motor vehicle (+0.8% after −0.2%) and to a further increase in sale of motor vehicle parts and accessories (+1.4% after +0.6%). The sales volume bounced back in maintenance and repair of motor vehicles (+1.4% after −0.8%) and in sale and repair of motorcycles (+2.3% after −2.6%).

Revisions

The variation in the sales volume of overall trade in September 2017 has been revised upwards. Initially stated at +0.3%, it has been set at +0.5%.

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 Oct. 2017 Oct./ Sept. Sept./ Aug. q-o-q (1)
G Wolesale and retail trade; repair of motor vehicles and motorcycles 10000 115.5 –0.9 0.5 0.8
45 Wholesale and retail trade and repair of motor vehicles and moto. 1248 123.7 1.0 –0.1 1.5
451 Sale of motor vehicles 837 119.3 0.8 –0.2 1.8
452 Maintenance and repair of motor vehicles 97 110.8 1.4 –0.8 1.8
453 Sale of motor vehicle parts and accessories 283 143.9 1.4 0.6 0.8
454 Sale, maintenance and repair of moto. and related parts and accessories 31 95.9 2.3 –2.6 0.4
46 Wholesale trade, except of motor vehicles and moto. 5748 110.6 –0.6 –0.1 0.6
461 Wholesale on a fee or contract basis 869 119.9 –1.7 –0.8 –1.0
462 Wholesale of agricultural raw materials and live animals 319 103.4 3.9 –2.2 7.7
463 Wholesale of food, beverages and tobacco 992 107.4 0.1 –0.8 –0.4
464 Wholesale of household goods 1196 115.5 –1.0 0.2 0.3
465 Wholesale of information and communication equipment 349 123.5 –3.2 2.0 0.9
466 Wholesale of other machinery, equipmt and supplies 721 113.9 –2.0 2.4 3.3
467 Other specialised wholesale 1138 95.2 1.2 –0.8 –0.2
469 Non specialised wholesale trade 164 122.2 0.1 –1.6 –1.3
47 Retail trade, except of motor vehicles and moto. 3004 121.6 –2.3 1.7 0.9
471 Non-specialised stores 1112 113.5 –2.2 2.3 0.5
472 to 477 Specialised stores 1718 123.9 –2.6 1.5 0.7
472 Retail sale of food, beverages and tobacco 144 142.0 0.1 1.5 2.8
473 Retail sale of automotive fuel 231 93.6 –3.6 1.8 –1.1
474 Retail sale of information and communication equipmt 84 189.0 –2.0 –0.2 0.5
475 Retail sale of other household equipment 338 106.5 –1.4 0.3 0.9
476 Retail sale of cultural and recreation goods 143 109.6 –3.1 0.1 1.6
477 Retail sale of other goods 778 132.8 –3.3 2.3 0.6
478 et 479 Retail trade not in stores 174 149.9 –0.4 0.6 4.0
  • (1) Quarter-on-quarter: last three months /previous three months.
  • Sources: DGFiP, INSEE

Table3 – Revision of variations

in percentage points
Revision of variations
Sept./ Aug. Aug./July July/ June Q3 2017/ Q2 2017 2016/ 2015
G Overall trade 0.18 –0.09 –0.05 –0.05 0.01
Raw series –0.06 0.04 –0.05 –0.04 0.01
SA-WDA parameters 0.24 –0.13 0.00 –0.01 0.00
  • How to read: in the wholesale and retail trade; repair of motor vehicles and motorcycles, the SA-WDA variation between August 2017 and September 2017 is revised upwards by 0.18 points, -0.06 points due to the revision of raw data, 0.24 points to the update of SA-WDA parameters. Sources: DGFiP, INSEE