30 September 2020
2020- n° 254In July 2020, sales volume in overall trade fell back slightly Sales volume in wholesale and retail trade - July 2020
In July 2020, the sales volume in overall trade declined slightly (−0.5%) after the strong progress observed in May and June (respectively +35.0% and +15.4%). It remained at a slightly higher level than before the general lockdown (+1.4% compared to February).
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. All data are corrected for seasonal adjustments and working days adjustments (SA-WDA).
In July 2020, the sales volume in overall trade declined slightly (−0.5%) after the strong progress observed in May and June (respectively +35.0% and +15.4%). It remained at a slightly higher level than before the general lockdown (+1.4% compared to February).
In July 2020, the sales volume in overall trade fell back slightly
In July, the sales volume in retail trade dwindled (−3.3% after +8.4% in June). In retail trade not in stores, the sales volume fell back strongly (−17.3% after +3.5% in June). In specialised stores, the sales volume decreased more modestly (−2.2% after +15.8% in June). Among specialised stores, the sales volume in retail sale of other goods (excluding information and communication equipment) fell back strongly (−9.2% after +18.9% in June), but remained at a much higher level than before the start of the general lockdown (+10.5% compared to February). The subsection of automotive fuel continued to recover (+14.4% after +28.2% in June), and almost reached its pre-lockdown level (−3.6% compared to February). In non-specialised stores, the sales volume decreased slightly (−0.9% after a stability in June).
In July, the sales volume in wholesale was virtually stable after a significant rise in June (−0.1% after +13.2%). It remained close to its pre-lockdown level (+0.1% compared to February). The sales volume accelerated in information and communication equipment (+13.1% after +6.2% in June) and fell back in other machinery, equipment and supplies (−3.1% after +15.5%).
In trade and repair of motor vehicles and motorcycles, the sales volume increased more moderately than in June (+3.8% after +45.9%). Its level is 11.7% higher than in February.
Forecast
According to the first early estimates, the sales volume in retail trade except of motor vehicles and motorcycles should increase in August 2020 (+6.2%). From June to August, it should increase by 2.9% compared to the same period one year earlier.
tableauSales volume in wholesale trade and retail trade; repair of motor vehicles and motorcycles
| Motor vehicles and motorcycles - 45 | Wholesale - 46 | Retail trade - 47 | Wholesale and retail trade - G | |
|---|---|---|---|---|
| 2016-01 | 105.43 | 101.8 | 102.42 | 102.45 |
| 2016-02 | 104.27 | 102.02 | 103.13 | 102.63 |
| 2016-03 | 104.73 | 102.4 | 102.17 | 102.62 |
| 2016-04 | 105.96 | 101.63 | 101.75 | 102.21 |
| 2016-05 | 105.89 | 101.78 | 102.79 | 102.6 |
| 2016-06 | 105.81 | 100.26 | 102.51 | 101.63 |
| 2016-07 | 103.42 | 100.37 | 102.75 | 101.46 |
| 2016-08 | 107.78 | 100.78 | 102.59 | 102.2 |
| 2016-09 | 108.18 | 100.8 | 102.9 | 102.36 |
| 2016-10 | 107.19 | 100.94 | 104.73 | 102.85 |
| 2016-11 | 110.65 | 103.63 | 103.9 | 104.6 |
| 2016-12 | 109.59 | 102.11 | 104.14 | 103.66 |
| 2017-01 | 110.66 | 102.34 | 105.04 | 104.19 |
| 2017-02 | 111.48 | 103.09 | 105.58 | 104.89 |
| 2017-03 | 113.49 | 104.81 | 105.76 | 106.19 |
| 2017-04 | 109.27 | 102.6 | 105.31 | 104.25 |
| 2017-05 | 114.25 | 103.97 | 106.24 | 105.94 |
| 2017-06 | 114.06 | 104.78 | 105.69 | 106.23 |
| 2017-07 | 115.02 | 106.1 | 107.35 | 107.6 |
| 2017-08 | 114.43 | 105.44 | 106.09 | 106.77 |
| 2017-09 | 116.35 | 106.03 | 109.26 | 108.29 |
| 2017-10 | 117.7 | 104.27 | 106.13 | 106.53 |
| 2017-11 | 117.77 | 106.27 | 109.75 | 108.76 |
| 2017-12 | 121.46 | 106.81 | 108.46 | 109.16 |
| 2018-01 | 117.19 | 105.28 | 107.76 | 107.53 |
| 2018-02 | 116.9 | 105.7 | 108.63 | 107.99 |
| 2018-03 | 118.93 | 105.57 | 110.19 | 108.63 |
| 2018-04 | 118.91 | 105.9 | 108.13 | 108.21 |
| 2018-05 | 119.11 | 107.34 | 109.76 | 109.55 |
| 2018-06 | 120.28 | 107.49 | 109.99 | 109.85 |
| 2018-07 | 118.43 | 105.41 | 109.98 | 108.42 |
| 2018-08 | 118.84 | 107.17 | 110.56 | 109.66 |
| 2018-09 | 118.26 | 105.16 | 109.98 | 108.25 |
| 2018-10 | 120.2 | 108.56 | 111.41 | 110.89 |
| 2018-11 | 118.11 | 107.31 | 110.89 | 109.74 |
| 2018-12 | 111.79 | 107.45 | 110.22 | 108.82 |
| 2019-01 | 121.83 | 107.78 | 110.83 | 110.47 |
| 2019-02 | 122.17 | 109.12 | 112.21 | 111.7 |
| 2019-03 | 121.28 | 108.71 | 111.52 | 111.14 |
| 2019-04 | 121.43 | 109.75 | 112.55 | 112.06 |
| 2019-05 | 121.93 | 109.83 | 112.14 | 112.05 |
| 2019-06 | 122.4 | 109.37 | 112.67 | 112.0 |
| 2019-07 | 123.5 | 109.17 | 111.75 | 111.75 |
| 2019-08 | 124.64 | 110.45 | 114.9 | 113.57 |
| 2019-09 | 124.15 | 110.24 | 112.88 | 112.79 |
| 2019-10 | 123.47 | 110.43 | 113.18 | 112.9 |
| 2019-11 | 124.75 | 110.13 | 114.55 | 113.29 |
| 2019-12 | 123.77 | 109.54 | 113.12 | 112.41 |
| 2020-01 | 123.52 | 110.54 | 113.91 | 113.19 |
| 2020-02 | 119.51 | 109.76 | 113.63 | 112.14 |
| 2020-03 | 64.08 | 95.63 | 95.57 | 91.6 |
| 2020-04 | 29.87 | 80.63 | 78.24 | 73.47 |
| 2020-05 | 88.19 | 97.15 | 107.55 | 99.08 |
| 2020-06 | 128.65 | 109.99 | 116.59 | 114.31 |
| 2020-07 | 133.53 | 109.89 | 112.76 | 113.74 |
graphiqueSales volume in wholesale trade and retail trade; repair of motor vehicles and motorcycles
- Sources: DGFiP, INSEE
tableauSales volume in wholesale trade and retail trade; repair of motor vehicles and motorcycles
| Nace Classification | Weight | July 2020 | Change in % | ||||
|---|---|---|---|---|---|---|---|
| July/June | June/May | July/Feb. | q-o-q (1) | y-o-y (2) | |||
| G Wolesale and retail trade; repair of motor vehicles and motorcycles | 10000 | 113.7 | -0.5 | 15.4 | 1.4 | 18.0 | -2.6 |
| 45 Wholesale and retail trade and repair of motor vehicles and moto. | 1272 | 133.5 | 3.8 | 45.9 | 11.7 | 64.1 | -4.8 |
| 451 Sale of motor vehicles | 850 | 143.1 | 7.0 | 54.9 | 14.7 | 75.3 | -5.3 |
| 452 Maintenance and repair of motor vehicles | 89 | 119.5 | -2.0 | 33.0 | 9.9 | 41.5 | -2.4 |
| 453 Sale of motor vehicle parts and accessories | 306 | 110.0 | -5.1 | 27.5 | 1.3 | 40.7 | -5.6 |
| 454 Sale, maintenance and repair of moto. and related parts and accessories | 27 | 145.7 | 6.0 | 29.2 | 27.4 | 84.9 | 17.1 |
| 46 Wholesale trade, except of motor vehicles and moto. | 5777 | 109.9 | -0.1 | 13.2 | 0.1 | 10.8 | -3.5 |
| 461 Wholesale on a fee or contract basis | 813 | 115.9 | -1.5 | 15.9 | 1.3 | 8.8 | -0.8 |
| 462 Wholesale of agricultural raw materials and live animals | 390 | 93.1 | -3.0 | 4.4 | -4.3 | -0.5 | 0.7 |
| 463 Wholesale of food, beverages and tobacco | 1029 | 104.3 | 2.5 | 14.9 | -0.3 | 3.9 | -6.5 |
| 464 Wholesale of household goods | 1130 | 113.6 | -1.6 | 16.6 | 2.6 | 15.3 | -1.4 |
| 465 Wholesale of information and communication equipment | 331 | 145.4 | 13.1 | 6.2 | 15.5 | 14.4 | 3.6 |
| 466 Wholesale of other machinery, equipmt and supplies | 716 | 109.0 | -3.1 | 15.5 | -5.0 | 17.2 | -8.3 |
| 467 Other specialised wholesale | 1132 | 100.1 | -0.4 | 10.2 | -5.4 | 10.1 | -7.9 |
| 469 Non specialised wholesale trade | 236 | 123.4 | -3.9 | 12.7 | 8.7 | 24.1 | 8.3 |
| 47 Retail trade, except of motor vehicles and moto. | 2952 | 112.8 | -3.3 | 8.4 | -0.8 | 17.2 | 0.1 |
| 471 Non-specialised stores | 1109 | 109.2 | -0.9 | 0.0 | -3.2 | 1.5 | 0.8 |
| 472 to 477 Specialised stores | 1622 | 112.8 | -2.2 | 15.8 | 1.4 | 31.9 | -1.7 |
| 472 Retail sale of food, beverages and tobacco | 155 | 129.8 | 1.8 | 2.3 | 5.4 | 9.8 | 6.4 |
| 473 Retail sale of automotive fuel | 224 | 90.1 | 14.4 | 28.2 | -3.6 | 17.3 | -18.0 |
| 474 Retail sale of information and communication equipmt | 65 | 135.9 | -3.9 | 42.4 | -0.2 | 36.4 | -5.4 |
| 475 Retail sale of other household equipment | 310 | 120.4 | -9.2 | 18.9 | 10.5 | 68.8 | 11.7 |
| 476 Retail sale of cultural and recreation goods | 118 | 114.2 | -7.7 | 22.6 | 4.1 | 72.8 | 0.6 |
| 477 Retail sale of other goods | 750 | 110.7 | -2.1 | 12.2 | -2.1 | 23.5 | -4.7 |
| 478 et 479 Retail trade not in stores | 221 | 130.0 | -17.3 | 3.5 | -3.8 | 13.9 | 8.2 |
- (1) Quarter-on-quarter: last three months /previous three months.
- (2) Year-on-year: last three months / same three months of previous year
- Sources: DGFiP, INSEE
The sales volume declined by 2.6% over a year
The turnover of the past three months (May to July) in overall trade decreased (−2.6%) compared to the same period one year earlier. It decreased in wholesale trade (−3.5%), in trade and repair of motor vehicles and motorcycles (−4.8%) and was virtually stable in retail trade (+0.1%). Within retail trade, it rose both in retail trade not in stores (+8.2%) and in non-specialised stores (+0.8%), whereas it fell in specialised stores (−1.7%).
Revisions
The variation in the sales volume of overall trade in June 2020 has been revised upwards, at +15.4% instead of +15.2% initially published.
tableauRevision of variationsin percentage points
| June/May | May/Apr | Apr/Mar | Q2 2020/Q1 2020 | 2019/2018 | |
|---|---|---|---|---|---|
| G Overall trade | 0.15 | -0.16 | 0.14 | 0.06 | 0.00 |
| Raw series | 0.13 | 0.12 | -0.10 | -0.01 | 0.00 |
| SA-WDA parameters | 0.02 | -0.28 | 0.24 | 0.07 | 0.00 |
- How to read: in the wholesale and retail trade; repair of motor vehicles and motorcycles, the SA-WDA variation between May and June 2020 is revised by +0.15 points. +0.13 points are due to the raw series revision and +0.02 points to the new calculation of the SA-WDA parameters.
- Sources: DGFiP, INSEE
For further information
Next issue: 30 October 2020 at 12h00
Documentation
Sales volume index in trade (pdf,35 Ko)
La note méthodologique simplifiee_anglais (pdf,28 Ko)
Pour en savoir plus
Next issue: 30 October 2020 at 12h00
Time series: Sales volume in wholesale and retail trade
Time series: Turnover index in wholesale and retail trade
