Insee
Informations rapides · 21 January 2021 · n° 013
Informations rapidesIn January 2021, the business climate is virtually stable in retail trade and trade and repair of vehicles as a wholeMonthly survey of retailing - January 2021

In January 2021, the business climate is practically stable in retail trade and in trade and repair of vehicles. At 93, the indicator that synthesizes it has lost one point and continues to stand below its long-term average (100). This virtual stability of the synthetic indicator results from both an improvement in past activity and, conversely, concerns about future activity, in a health context that remains uncertain.

Informations rapides
No 013
Paru le : Paru le 21/01/2021
Prochaine parution le : 25/03/2021 at 08:45 - March 2021

In January 2021, the business climate is practically stable in retail trade and in trade and repair of vehicles. At 93, the indicator that synthesizes it has lost one point and continues to stand below its long-term average (100). This virtual stability of the synthetic indicator results from both an improvement in past activity and, conversely, concerns about future activity, in a health context that remains uncertain.

Composite indicator

Composite indicator
Business climate synthetic indicator
2005-01 105.8
2005-02 103.3
2005-03 103.8
2005-04 103.0
2005-05 101.2
2005-06 97.6
2005-07 95.7
2005-08 97.1
2005-09 98.2
2005-10 100.6
2005-11 99.4
2005-12 103.2
2006-01 102.5
2006-02 101.8
2006-03 101.9
2006-04 102.6
2006-05 105.3
2006-06 106.9
2006-07 107.8
2006-08 108.9
2006-09 109.7
2006-10 110.9
2006-11 109.3
2006-12 107.5
2007-01 106.7
2007-02 111.1
2007-03 110.0
2007-04 111.7
2007-05 113.5
2007-06 118.8
2007-07 115.8
2007-08 114.1
2007-09 112.3
2007-10 110.8
2007-11 112.6
2007-12 113.3
2008-01 109.6
2008-02 108.1
2008-03 108.0
2008-04 103.3
2008-05 102.4
2008-06 99.5
2008-07 96.6
2008-08 93.8
2008-09 94.5
2008-10 82.5
2008-11 82.2
2008-12 77.8
2009-01 78.6
2009-02 79.9
2009-03 79.7
2009-04 76.5
2009-05 79.7
2009-06 79.5
2009-07 85.1
2009-08 86.2
2009-09 89.7
2009-10 91.8
2009-11 96.7
2009-12 96.3
2010-01 98.0
2010-02 98.2
2010-03 97.8
2010-04 102.3
2010-05 101.5
2010-06 100.1
2010-07 101.0
2010-08 105.0
2010-09 105.3
2010-10 106.7
2010-11 103.6
2010-12 106.8
2011-01 105.7
2011-02 105.8
2011-03 103.7
2011-04 103.1
2011-05 104.2
2011-06 102.5
2011-07 102.1
2011-08 98.6
2011-09 94.5
2011-10 95.4
2011-11 94.1
2011-12 93.6
2012-01 89.5
2012-02 91.1
2012-03 94.3
2012-04 96.5
2012-05 91.3
2012-06 93.2
2012-07 89.1
2012-08 90.7
2012-09 86.9
2012-10 88.2
2012-11 88.6
2012-12 88.1
2013-01 86.3
2013-02 89.4
2013-03 86.6
2013-04 84.6
2013-05 84.1
2013-06 85.2
2013-07 86.3
2013-08 93.3
2013-09 96.9
2013-10 95.5
2013-11 91.2
2013-12 94.2
2014-01 95.5
2014-02 94.6
2014-03 94.9
2014-04 96.1
2014-05 96.1
2014-06 94.4
2014-07 96.1
2014-08 90.7
2014-09 88.9
2014-10 89.1
2014-11 92.4
2014-12 94.1
2015-01 97.6
2015-02 100.6
2015-03 101.0
2015-04 101.7
2015-05 101.8
2015-06 103.1
2015-07 102.5
2015-08 105.0
2015-09 105.0
2015-10 106.9
2015-11 104.0
2015-12 101.2
2016-01 103.9
2016-02 102.0
2016-03 102.8
2016-04 102.6
2016-05 105.2
2016-06 102.9
2016-07 104.1
2016-08 103.9
2016-09 102.7
2016-10 101.8
2016-11 104.0
2016-12 107.9
2017-01 106.5
2017-02 105.3
2017-03 106.4
2017-04 105.0
2017-05 106.3
2017-06 110.5
2017-07 111.3
2017-08 108.8
2017-09 112.7
2017-10 114.3
2017-11 115.3
2017-12 115.8
2018-01 115.0
2018-02 115.4
2018-03 113.0
2018-04 112.5
2018-05 112.1
2018-06 112.1
2018-07 112.9
2018-08 111.4
2018-09 108.6
2018-10 106.0
2018-11 107.1
2018-12 99.9
2019-01 100.3
2019-02 102.4
2019-03 103.0
2019-04 106.4
2019-05 104.4
2019-06 104.3
2019-07 105.4
2019-08 100.6
2019-09 105.7
2019-10 105.4
2019-11 106.3
2019-12 108.5
2020-01 104.3
2020-02 105.4
2020-03 91.2
2020-04 60.6
2020-05 63.3
2020-06 84.7
2020-07 88.2
2020-08 93.5
2020-09 95.4
2020-10 95.0
2020-11 72.4
2020-12 93.8
2021-01 93.4

Composite indicator

  • Source: INSEE

The balances of opinion on business prospects have declined sharply, the one on ordering intentions more moderately

In January 2021, almost all the balances of opinion relating to economic activity over the near future have declined, in particular the one on the general business outlook of the sector, which has slipped back. The balances on ordering intentions and on expected sales have also fallen back. These three balances have deviated from their long-term averages. Conversely, the balance of opinion on expected prices has picked up and has returned above its own.

The balance of opinion on recent sales has picked up sharply this month to approach its average, likely reflecting the easing of health restrictions on shops from the end of November. The balance on the stock level has fallen back, moving away from its own.

The bimonthly balances of opinion on the recent development in selling prices and on the cash position have increased slightly compared to November 2020. The one on the cash position has reached its average while the one on the recent development in selling prices remains above its own.

Tendency in retail trade and in trade and repair of motor vehicles

Balances of opinion, in %, S.A.
Tendency in retail trade and in trade and repair of motor vehicles (Balances of opinion, in %, S.A.)
Mean (1) Oct. 20 Nov. 20 Dec. 20 Jan. 21
Business climate 100 95 72 94 93
General business outlook -28 -38 -74 -28 -44
Recent sales -7 -4 7 -21 -5
Expected sales -2 -14 -38 -5 -17
Ordering intentions -8 -3 -36 -10 -14
Stocks 11 -1 8 10 4
Past selling prices (2) -6 -2 0
Expected selling prices -3 2 -4 -4 1
Cash position (2) -15 -17 -15
Workforce size: recent trend 0 -14 -11 -17 -9
Workforce size: future trend -3 -11 -28 -14 -3
  • (1) Average since 1991 (2004 for recent and expected sales and ordering intentions).
  • (2) Bi-monthly question (odd-numbered months).
  • Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles

Recent sales and ordering intentions

Recent sales and ordering intentions
Ordering intentions Recent sales
2010-01 -13.1 -4.8
2010-02 -9.7 -13.2
2010-03 -10.0 -20.2
2010-04 -4.6 -3.0
2010-05 -6.7 2.2
2010-06 -5.2 -0.9
2010-07 -8.0 -5.1
2010-08 -2.2 4.2
2010-09 -2.1 -1.7
2010-10 2.0 -3.9
2010-11 -5.3 -8.1
2010-12 -1.2 4.1
2011-01 -1.4 4.3
2011-02 -2.5 1.6
2011-03 -5.7 -6.3
2011-04 -7.2 1.5
2011-05 -7.8 3.5
2011-06 -11.6 0.2
2011-07 -11.9 -9.3
2011-08 -11.8 -6.4
2011-09 -13.3 -17.3
2011-10 -13.0 -15.7
2011-11 -13.0 -13.2
2011-12 -14.0 -17.4
2012-01 -19.4 -20.3
2012-02 -15.3 -15.3
2012-03 -15.7 -12.4
2012-04 -13.5 -8.2
2012-05 -17.0 -14.9
2012-06 -12.8 -18.3
2012-07 -15.7 -19.4
2012-08 -15.4 -8.2
2012-09 -22.1 -23.8
2012-10 -19.3 -22.9
2012-11 -18.6 -16.6
2012-12 -18.2 -21.0
2013-01 -24.9 -17.2
2013-02 -13.6 -27.2
2013-03 -16.6 -25.9
2013-04 -19.4 -31.8
2013-05 -22.0 -29.9
2013-06 -19.2 -24.4
2013-07 -23.2 -26.1
2013-08 -13.7 -18.3
2013-09 -7.8 -12.8
2013-10 -13.9 -11.4
2013-11 -13.8 -13.0
2013-12 -15.8 -10.5
2014-01 -11.8 -10.6
2014-02 -12.8 -13.1
2014-03 -10.4 -17.0
2014-04 -9.5 -21.3
2014-05 -11.6 -14.8
2014-06 -13.8 -11.9
2014-07 -10.4 -5.9
2014-08 -17.5 -19.8
2014-09 -18.4 -30.6
2014-10 -17.8 -23.6
2014-11 -13.7 -14.8
2014-12 -13.2 -10.1
2015-01 -4.0 -8.6
2015-02 -1.7 -4.4
2015-03 -2.8 -5.6
2015-04 -2.2 -2.5
2015-05 -2.9 -4.4
2015-06 -1.5 -8.3
2015-07 -6.3 -0.6
2015-08 -1.6 8.1
2015-09 -2.2 1.5
2015-10 -1.1 4.5
2015-11 -3.2 3.0
2015-12 -5.2 -15.2
2016-01 -5.6 -4.9
2016-02 -6.8 -9.3
2016-03 -3.2 -5.4
2016-04 -9.0 1.6
2016-05 -3.7 4.8
2016-06 -4.1 -4.1
2016-07 -4.8 -5.0
2016-08 -4.0 -4.1
2016-09 -5.5 -10.6
2016-10 -9.8 -10.6
2016-11 -8.0 -6.3
2016-12 0.7 -1.1
2017-01 -0.1 2.4
2017-02 -0.6 4.3
2017-03 0.4 -2.4
2017-04 -2.5 -12.1
2017-05 -1.0 -5.2
2017-06 -0.5 -5.2
2017-07 1.1 8.2
2017-08 -6.3 0.3
2017-09 4.6 -5.2
2017-10 7.6 -3.0
2017-11 9.8 -6.7
2017-12 6.9 0.4
2018-01 4.6 3.1
2018-02 4.1 4.8
2018-03 2.0 -8.8
2018-04 3.1 -8.9
2018-05 4.6 -6.9
2018-06 5.7 -8.1
2018-07 6.1 0.2
2018-08 8.2 2.0
2018-09 1.5 -1.2
2018-10 -5.0 -9.9
2018-11 0.9 -7.5
2018-12 -4.5 -9.2
2019-01 -7.8 -7.9
2019-02 -5.6 -9.8
2019-03 -2.8 -18.3
2019-04 1.5 -12.3
2019-05 -4.4 -11.0
2019-06 -7.2 -8.6
2019-07 -2.6 -1.7
2019-08 -12.5 -3.7
2019-09 -4.0 -2.7
2019-10 -5.9 -8.1
2019-11 0.5 -6.7
2019-12 2.9 -1.3
2020-01 -3.7 12.5
2020-02 0.8 2.3
2020-03 -12.8 -4.7
2020-04 -55.3 -3.6
2020-05 -45.6 -56.3
2020-06 -13.3 -48.1
2020-07 -7.4 -40.3
2020-08 -7.7 -8.7
2020-09 -7.6 2.9
2020-10 -3.4 -3.9
2020-11 -35.7 6.5
2020-12 -9.6 -21.3
2021-01 -13.6 -4.9

Recent sales and ordering intentions

  • Source: INSEE

Business leaders' opinion on workforce size development has improved

In January 2021, the opinion of business leaders on the expected development in their workforce size over the next three months has improved again markedly; the corresponding balance has reached its long-term average. The balance on recent change in the workforce size has bounced back but remains below its own.

In retail trade, the business climate has improved again strongly, while remaining deteriorated

In January 2021, in retail trade, the business climate has improved again strongly. At 95, it has gained 9 points after +18 points in the previous month, but remains well below his average (100). This further improvement is mainly due to the rise in the balances of opinion on employment. Indeed, the balances of opinion on recent and expected change in staff size have sharply increased. The one on recent trend of workforce size remains below its average when that on expected trend of workforce size has returned above it.

However, business leaders remain pessimistic about the activity of the coming months. The main balances summarizing their expectations have fallen down sharply, whether it is the general business outlook for the sector, ordering intentions or expected sales. These three balances stand below their long-term average. In specialized retail trade, the fall in the balance on expected sales is marked.

The balance on the level of stocks has declined and stands below its average. The one on the expected development in selling prices has been fluctuating slightly around its average since June.

The bimonthly balances on the recent development in selling prices and on the cash position have increased compared to November 2020, in particular that on the recent change in prices in non-specialized retailing. They both stand above their average.

In trade and repair of motor vehicles, the business climate has slightly worsened

In trade and repair of motor vehicles, the business climate has slightly worsened in January 2021: it has lost 2 points after a gain of 13 points in the previous month. At 93, it remains well below its average (100).

The main balances relating to the expectations of business leaders have fallen back, without dropping to a level as low as in last November: namely the general business outlook for the sector, expected sales, ordering intentions. These three balances stand below their long-term average.

The balance on recent sales has bounced back slightly, after falling last month. It remains significantly below its average. The balance on the level of stocks has declined and is below its average. The one on the expected selling prices has bounced back and returned above its own.

The bimonthly balance of opinion on past selling prices has dropped slightly from November and has moved just below its average. The one on the cash position, which is also bimonthly, is stable at its average level.

The balance of opinion on workforce size forecast for the next three months has risen again, while the one on recent workforce size development has declined again. These two balances stand below their average.

Revisions

The business climate for December 2020 in retail trade and trade and repair of vehicles as a whole has been revised downwards by one point. That in the retail trade sub-sector has been revised upwards by one point for December 2020, while that in trade and repair of vehicles has been revised downwards by four points. These revisions are mainly due to the inclusion of late responses from companies.

Recent sales and ordering intentions in trade and repair of motor vehicles

Recent sales and ordering intentions in trade and repair of motor vehicles
Ordering intentions Recent sales
2010-01 -14.4 12.0
2010-02 -19.2 0.8
2010-03 -21.0 -22.9
2010-04 -16.2 -3.5
2010-05 -21.0 -0.4
2010-06 -15.8 -14.7
2010-07 -15.3 -6.3
2010-08 -14.4 -7.5
2010-09 -6.9 -16.0
2010-10 -5.1 -8.7
2010-11 -7.5 -6.9
2010-12 -9.5 10.8
2011-01 -7.9 16.7
2011-02 -8.6 10.5
2011-03 -11.3 2.2
2011-04 -15.3 9.1
2011-05 -15.3 2.4
2011-06 -16.5 1.3
2011-07 -10.1 -7.5
2011-08 -12.2 -11.8
2011-09 -16.6 -25.4
2011-10 -8.7 -17.3
2011-11 -20.7 -4.3
2011-12 -15.4 -9.9
2012-01 -35.0 -22.4
2012-02 -19.7 -31.9
2012-03 -25.9 -32.6
2012-04 -16.0 -31.5
2012-05 -23.0 -26.3
2012-06 -29.2 -35.6
2012-07 -34.7 -37.3
2012-08 -25.8 -24.4
2012-09 -35.7 -32.3
2012-10 -46.9 -50.2
2012-11 -31.4 -35.1
2012-12 -31.1 -35.3
2013-01 -35.5 -29.8
2013-02 -17.5 -43.9
2013-03 -25.7 -43.4
2013-04 -27.3 -38.6
2013-05 -24.5 -29.2
2013-06 -20.9 -29.8
2013-07 -19.9 -21.3
2013-08 -18.0 -27.2
2013-09 -12.1 -17.1
2013-10 -9.9 -23.0
2013-11 -14.7 -17.5
2013-12 -17.5 -15.4
2014-01 -13.4 -12.2
2014-02 -16.5 -17.0
2014-03 -10.5 -12.3
2014-04 -10.7 -13.7
2014-05 -10.6 -4.4
2014-06 -14.2 -9.3
2014-07 -8.7 -6.5
2014-08 -12.3 -10.8
2014-09 -21.5 -25.3
2014-10 -14.7 -20.4
2014-11 -10.9 3.0
2014-12 -4.3 -2.8
2015-01 -0.2 7.8
2015-02 -2.0 -0.6
2015-03 -0.4 1.7
2015-04 0.9 17.6
2015-05 3.2 17.9
2015-06 6.4 11.9
2015-07 -7.2 11.2
2015-08 -0.7 20.8
2015-09 3.1 -5.1
2015-10 -0.7 4.0
2015-11 3.6 6.8
2015-12 4.7 3.3
2016-01 3.6 -0.2
2016-02 3.2 2.0
2016-03 2.0 5.7
2016-04 -0.7 13.9
2016-05 -2.0 13.6
2016-06 3.9 13.7
2016-07 3.3 16.6
2016-08 2.7 12.4
2016-09 -3.8 -3.6
2016-10 -1.3 -2.4
2016-11 -3.5 4.7
2016-12 -2.3 2.4
2017-01 -5.1 9.9
2017-02 -4.2 6.9
2017-03 3.7 7.0
2017-04 2.4 10.2
2017-05 -0.8 2.3
2017-06 2.6 -2.9
2017-07 3.8 12.7
2017-08 1.4 15.1
2017-09 9.7 1.9
2017-10 13.0 2.5
2017-11 12.8 12.7
2017-12 9.7 14.7
2018-01 14.0 23.7
2018-02 16.1 21.3
2018-03 8.3 12.2
2018-04 10.3 16.3
2018-05 11.7 9.2
2018-06 6.9 15.0
2018-07 7.3 22.8
2018-08 7.2 15.7
2018-09 4.4 9.6
2018-10 4.0 4.3
2018-11 4.5 1.4
2018-12 1.6 -2.9
2019-01 -0.1 -11.5
2019-02 -0.7 -10.4
2019-03 0.4 -10.4
2019-04 -1.6 -0.8
2019-05 2.9 -5.1
2019-06 4.5 -1.3
2019-07 2.5 9.4
2019-08 2.8 13.3
2019-09 1.2 -1.1
2019-10 2.4 1.0
2019-11 -2.1 -1.1
2019-12 0.7 2.8
2020-01 5.1 23.2
2020-02 2.8 11.6
2020-03 -14.6 9.4
2020-04 -88.8 -13.4
2020-05 -69.2 -84.3
2020-06 -10.0 -80.4
2020-07 13.1 -62.6
2020-08 3.9 2.1
2020-09 1.4 11.8
2020-10 -1.3 10.3
2020-11 -51.8 13.9
2020-12 -6.8 -25.9
2021-01 -10.9 -20.7

Recent sales and ordering intentions in trade and repair of motor vehicles

  • Source: INSEE

Business climate synthetic indicator in retail trade and in trade and repair of motor vehicles

Business climate synthetic indicator in retail trade and in trade and repair of motor vehicles
Trade and repair of motor vehicles Retail trade
2005-01 103.2 108.8
2005-02 102.7 103.0
2005-03 102.6 104.3
2005-04 101.4 105.0
2005-05 102.2 103.7
2005-06 99.2 100.1
2005-07 100.8 95.7
2005-08 100.6 98.6
2005-09 100.5 100.8
2005-10 101.7 102.5
2005-11 99.1 102.0
2005-12 102.6 103.8
2006-01 102.9 102.2
2006-02 103.7 98.9
2006-03 102.6 101.7
2006-04 104.0 101.2
2006-05 104.9 106.4
2006-06 107.9 105.9
2006-07 107.9 107.4
2006-08 106.9 108.3
2006-09 106.3 108.7
2006-10 105.6 112.3
2006-11 106.1 107.3
2006-12 104.9 106.5
2007-01 105.0 105.7
2007-02 108.0 110.4
2007-03 106.6 110.9
2007-04 108.0 112.0
2007-05 106.5 111.8
2007-06 115.6 114.8
2007-07 109.6 114.5
2007-08 109.1 114.5
2007-09 109.3 113.8
2007-10 109.4 108.7
2007-11 109.6 113.1
2007-12 107.2 115.9
2008-01 105.1 112.9
2008-02 102.6 112.3
2008-03 106.6 108.0
2008-04 101.2 107.2
2008-05 102.6 103.9
2008-06 97.3 104.4
2008-07 95.8 102.0
2008-08 94.1 96.3
2008-09 96.6 94.9
2008-10 80.9 89.8
2008-11 82.0 84.9
2008-12 74.8 83.5
2009-01 76.3 82.3
2009-02 78.3 83.9
2009-03 85.6 74.1
2009-04 78.9 76.2
2009-05 88.1 71.8
2009-06 85.0 73.5
2009-07 89.1 78.0
2009-08 92.8 78.4
2009-09 95.1 81.5
2009-10 96.2 83.6
2009-11 100.0 89.4
2009-12 97.7 92.2
2010-01 100.7 93.0
2010-02 98.9 94.5
2010-03 95.0 97.5
2010-04 100.6 100.4
2010-05 98.8 102.2
2010-06 96.8 100.6
2010-07 99.4 102.1
2010-08 100.5 104.5
2010-09 101.2 104.6
2010-10 102.5 106.0
2010-11 102.8 100.3
2010-12 103.6 104.2
2011-01 104.0 102.8
2011-02 105.2 103.0
2011-03 104.6 100.6
2011-04 101.9 101.3
2011-05 102.1 103.0
2011-06 101.4 100.9
2011-07 102.5 100.2
2011-08 98.5 98.6
2011-09 95.1 95.7
2011-10 95.6 95.5
2011-11 92.3 96.2
2011-12 92.2 96.5
2012-01 86.8 93.0
2012-02 88.8 92.2
2012-03 89.1 96.9
2012-04 91.4 97.3
2012-05 88.0 91.9
2012-06 87.7 95.1
2012-07 82.5 90.5
2012-08 85.4 93.6
2012-09 82.8 91.9
2012-10 78.7 95.8
2012-11 82.7 93.6
2012-12 84.2 90.5
2013-01 82.8 90.3
2013-02 84.5 91.3
2013-03 80.7 90.4
2013-04 81.1 88.3
2013-05 82.8 87.7
2013-06 86.2 87.0
2013-07 88.1 87.5
2013-08 91.2 94.4
2013-09 95.1 96.2
2013-10 94.4 96.7
2013-11 92.7 89.8
2013-12 93.9 95.6
2014-01 94.2 97.0
2014-02 93.5 95.5
2014-03 94.9 94.6
2014-04 98.3 96.8
2014-05 97.1 97.3
2014-06 94.8 95.2
2014-07 97.9 95.6
2014-08 95.6 90.0
2014-09 93.0 88.8
2014-10 95.1 88.1
2014-11 98.1 90.4
2014-12 99.0 93.1
2015-01 102.5 93.2
2015-02 101.9 98.4
2015-03 105.2 96.7
2015-04 107.2 95.6
2015-05 108.6 95.9
2015-06 108.1 97.9
2015-07 105.0 99.4
2015-08 109.4 98.8
2015-09 107.4 100.4
2015-10 106.8 103.4
2015-11 107.4 96.5
2015-12 105.8 96.4
2016-01 106.4 100.1
2016-02 107.2 96.2
2016-03 106.1 97.4
2016-04 107.4 97.8
2016-05 108.4 99.6
2016-06 109.0 97.4
2016-07 109.5 99.2
2016-08 107.4 100.0
2016-09 105.9 98.5
2016-10 106.3 98.8
2016-11 106.7 99.1
2016-12 108.2 103.0
2017-01 107.4 101.5
2017-02 106.8 101.0
2017-03 108.9 103.0
2017-04 107.6 101.0
2017-05 108.5 102.1
2017-06 110.9 105.3
2017-07 112.4 104.2
2017-08 112.4 103.5
2017-09 113.8 106.1
2017-10 114.8 107.7
2017-11 116.1 108.5
2017-12 115.5 108.5
2018-01 116.6 108.9
2018-02 119.0 109.0
2018-03 116.1 107.5
2018-04 117.0 106.5
2018-05 116.4 105.8
2018-06 116.2 106.8
2018-07 115.6 109.1
2018-08 113.3 105.5
2018-09 113.0 103.5
2018-10 112.2 100.6
2018-11 111.9 102.3
2018-12 108.1 96.4
2019-01 107.1 96.3
2019-02 107.0 97.9
2019-03 108.3 96.3
2019-04 108.9 101.2
2019-05 109.7 98.9
2019-06 108.6 97.8
2019-07 108.1 99.7
2019-08 110.7 88.0
2019-09 109.6 96.9
2019-10 108.4 97.8
2019-11 108.2 95.7
2019-12 108.4 100.4
2020-01 110.3 96.0
2020-02 110.6 95.5
2020-03 99.7 82.7
2020-04 65.9 59.9
2020-05 69.2 57.9
2020-06 87.1 73.5
2020-07 97.0 77.5
2020-08 103.3 85.0
2020-09 104.0 87.2
2020-10 100.7 87.5
2020-11 82.3 68.5
2020-12 94.9 85.7
2021-01 93.0 95.0

Business climate synthetic indicator in retail trade and in trade and repair of motor vehicles

  • Source: INSEE

Detailed data

Balances of opinion, in %, S.A.
Detailed data (Balances of opinion, in %, S.A.)
Ave.(1) Oct 20 Nov 20 Dec 20 Jan 21
Retail trade - Global data
Business climate 100 88 68 86 95
Gener. busin. outlook -29 -37 -72 -27 -42
Recent sales -7 -10 3 -19 2
Expected sales -1 -16 -30 -5 -19
Ordering intentions -7 -4 -28 -11 -15
Stocks 9 5 7 7 3
Past selling prices (2) -8 -4 0
Expected selling prices -5 -2 -4 -5 -3
Cash position (2) -14 -14 -11
Workforce size: recent trend 1 -17 -14 -19 -9
Workforce size: future trend -3 -12 -31 -14 -1
Non-specialized retail trade
Recent sales -2 -19 12 -8 26
Expected sales 6 -14 -5 2 -5
Ordering intentions 2 0 -13 6 0
Stocks 7 3 0 -3 -5
Past selling prices (2) -8 -3 5
Expected selling prices -5 0 -3 -3 -2
Cash position (2) -7 -5 -2
Specialized retail trade
Recent sales -13 0 -6 -32 -24
Expected sales -9 -18 -58 -14 -35
Ordering intentions -17 -9 -45 -29 -32
Stocks 13 8 15 18 11
Past selling prices (2) -8 -6 -6
Expected selling prices -5 -6 -6 -8 -3
Cash position (2) -22 -24 -21
Trade and repair of motor cars and motocycles
Business climate 100 101 82 95 93
Gener. busin. outlook -26 -41 -82 -32 -51
Recent sales -6 10 14 -26 -21
Expected sales -5 -11 -55 -4 -13
Ordering intentions -9 -1 -52 -7 -11
Stocks 15 -14 9 15 7
Past selling prices (2) 1 3 0
Expected selling prices 4 12 -3 -1 9
Cash position (2) -23 -23 -23
Workforce size: recent trend -7 -2 2 -8 -10
Workforce size: future trend -6 -7 -16 -15 -9
  • (1) Average since 1991 (2003 for trade and repair of motor vehicles and 2004 for recent and expected sales and ordering intentions).
  • (2) Bi-monthly question (odd-numbered months).
  • Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles

For more information

The whole sector “retail trade and trade and repair of motor vehicles and motor cycles” is composed for 70% of retail trade and for 30% of trade and repair of motor vehicles and motor cycles.

A balance of opinion is the difference between weighted percentage of “increase” or “above normal” answers and weighted percentage of “decrease” or “below normal” answers.

Since the definitive data of April 2020, the way of correcting non-response has been modified. The usual method was to fill in missing answers by carrying on past answers from non-responding companies. The results are now computed on the sole basis of responding companies.

Company responses were collected between 28 December 2020 and 18 January 2021.

Next issue: 24 February 2021 at 8:45 am


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