Insee
Informations Rapides · 23 September 2021 · n° 241
Informations rapidesIn September 2021, the business climate in retail trade and in trade and repair of vehicles as a whole has deteriorated againMonthly survey of retailing - September 2021

In September 2021, the business climate in retail trade and trade and repair of vehicles as a whole has deteriorated for the third consecutive month. At 106, the indicator that synthesizes it has lost three points but remains above its long-term average (100). This decline is mainly due to the sharp drop in the balances of opinion on recent sales and on ordering intentions.

Informations rapides
No 241
Paru le : Paru le 23/09/2021
Prochaine parution le : 21/10/2021 at 08:45 - October 2021

In September 2021, the business climate in retail trade and trade and repair of vehicles as a whole has deteriorated for the third consecutive month. At 106, the indicator that synthesizes it has lost three points but remains above its long-term average (100). This decline is mainly due to the sharp drop in the balances of opinion on recent sales and on ordering intentions.

Composite indicator

Composite indicator
Business climate synthetic indicator
2005-01 105.4
2005-02 103.3
2005-03 103.7
2005-04 103.1
2005-05 100.9
2005-06 97.5
2005-07 95.7
2005-08 97.2
2005-09 98.2
2005-10 100.8
2005-11 99.3
2005-12 103.2
2006-01 102.4
2006-02 101.8
2006-03 101.7
2006-04 102.9
2006-05 105.1
2006-06 106.9
2006-07 107.6
2006-08 109.1
2006-09 109.8
2006-10 111.0
2006-11 109.7
2006-12 107.7
2007-01 106.9
2007-02 111.2
2007-03 110.1
2007-04 112.2
2007-05 113.7
2007-06 119.2
2007-07 116.0
2007-08 114.5
2007-09 112.1
2007-10 111.0
2007-11 112.8
2007-12 113.6
2008-01 109.7
2008-02 107.9
2008-03 108.4
2008-04 103.4
2008-05 102.3
2008-06 99.4
2008-07 96.0
2008-08 93.8
2008-09 94.7
2008-10 81.8
2008-11 82.7
2008-12 77.4
2009-01 78.4
2009-02 79.4
2009-03 80.5
2009-04 76.4
2009-05 80.0
2009-06 79.9
2009-07 85.6
2009-08 87.0
2009-09 90.1
2009-10 92.2
2009-11 97.5
2009-12 96.6
2010-01 98.2
2010-02 98.5
2010-03 97.8
2010-04 102.6
2010-05 101.4
2010-06 100.4
2010-07 100.9
2010-08 105.4
2010-09 105.4
2010-10 106.8
2010-11 104.1
2010-12 107.2
2011-01 106.0
2011-02 106.1
2011-03 103.9
2011-04 103.2
2011-05 104.3
2011-06 102.6
2011-07 102.1
2011-08 98.7
2011-09 94.4
2011-10 95.2
2011-11 94.2
2011-12 93.6
2012-01 89.2
2012-02 91.1
2012-03 94.1
2012-04 96.3
2012-05 91.3
2012-06 93.2
2012-07 89.3
2012-08 90.9
2012-09 86.7
2012-10 87.9
2012-11 88.5
2012-12 88.3
2013-01 85.8
2013-02 89.4
2013-03 86.5
2013-04 84.5
2013-05 84.1
2013-06 85.2
2013-07 86.2
2013-08 93.5
2013-09 97.3
2013-10 95.5
2013-11 91.7
2013-12 94.3
2014-01 95.3
2014-02 94.5
2014-03 94.9
2014-04 96.0
2014-05 96.1
2014-06 94.4
2014-07 96.3
2014-08 90.7
2014-09 88.7
2014-10 89.2
2014-11 92.5
2014-12 94.2
2015-01 97.8
2015-02 101.0
2015-03 101.3
2015-04 102.1
2015-05 102.2
2015-06 103.5
2015-07 102.8
2015-08 105.6
2015-09 105.2
2015-10 107.5
2015-11 104.4
2015-12 101.1
2016-01 104.0
2016-02 102.3
2016-03 103.3
2016-04 102.9
2016-05 105.7
2016-06 103.3
2016-07 104.3
2016-08 104.3
2016-09 102.7
2016-10 102.0
2016-11 103.5
2016-12 107.6
2017-01 107.1
2017-02 105.8
2017-03 106.9
2017-04 105.6
2017-05 107.0
2017-06 110.7
2017-07 111.7
2017-08 109.1
2017-09 112.6
2017-10 115.0
2017-11 114.7
2017-12 115.1
2018-01 115.8
2018-02 115.7
2018-03 113.6
2018-04 113.3
2018-05 113.3
2018-06 112.3
2018-07 113.0
2018-08 112.3
2018-09 108.1
2018-10 105.9
2018-11 105.9
2018-12 98.6
2019-01 101.0
2019-02 102.5
2019-03 104.1
2019-04 107.6
2019-05 106.0
2019-06 104.6
2019-07 105.6
2019-08 101.3
2019-09 105.1
2019-10 105.3
2019-11 105.6
2019-12 107.6
2020-01 105.7
2020-02 106.1
2020-03 92.8
2020-04 61.7
2020-05 65.1
2020-06 85.8
2020-07 89.1
2020-08 94.3
2020-09 94.8
2020-10 95.1
2020-11 71.0
2020-12 92.8
2021-01 94.1
2021-02 89.5
2021-03 96.1
2021-04 92.0
2021-05 109.7
2021-06 115.9
2021-07 113.7
2021-08 108.8
2021-09 106.3

Composite indicator

  • Source: INSEE

Marked decline in the balances of opinion on recent sales and ordering intentions

In September 2021, the balance of opinion on sales for the last three months has fallen back sharply and returned significantly below its long-term average. At the same time, the balance on expected sales for the next three months has sharply fallen for the third month in a row and moved away from its average. That on ordering intentions has fallen back sharply, but remains above its average.

However, the balance of opinion on the general business outlook for the sector for the next three months has picked up after two months of sharp decline. It remains above his long-term average.

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) June 21 July 21 Aug. 21 Sept. 21
Business climate 100 116 114 109 106
General business outlook -28 19 5 -12 -4
Recent sales -7 -2 1 12 -16
Expected sales -3 11 3 -6 -13
Ordering intentions -7 2 4 1 -4
Stocks 10 6 3 -2 -5
Past selling prices (2) -6 8 14
Expected selling prices -3 11 14 15 12
Cash position (2) -15 -11 -6
Workforce size: recent trend 0 -11 -6 -7 -4
Workforce size: future trend -3 -7 -6 -4 -8
  • (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 -13.4 -4.7
2010-02 -9.9 -13.0
2010-03 -10.0 -20.1
2010-04 -4.5 -2.7
2010-05 -7.0 2.1
2010-06 -4.7 -1.0
2010-07 -7.9 -5.3
2010-08 -1.6 4.0
2010-09 -2.3 -1.8
2010-10 1.3 -3.9
2010-11 -4.9 -8.0
2010-12 -1.3 4.1
2011-01 -1.8 4.3
2011-02 -2.4 1.6
2011-03 -5.8 -6.4
2011-04 -7.2 1.7
2011-05 -7.9 3.6
2011-06 -11.4 0.1
2011-07 -11.6 -9.4
2011-08 -11.3 -6.5
2011-09 -13.1 -17.4
2011-10 -13.5 -15.7
2011-11 -12.6 -13.0
2011-12 -13.9 -17.5
2012-01 -19.9 -20.3
2012-02 -15.4 -15.4
2012-03 -16.0 -12.3
2012-04 -13.7 -8.1
2012-05 -16.8 -14.8
2012-06 -12.9 -18.3
2012-07 -15.4 -19.5
2012-08 -15.1 -8.3
2012-09 -21.7 -23.8
2012-10 -19.3 -23.0
2012-11 -18.5 -16.4
2012-12 -17.7 -21.2
2013-01 -25.5 -17.3
2013-02 -14.0 -27.2
2013-03 -17.1 -25.9
2013-04 -19.6 -31.8
2013-05 -21.7 -29.8
2013-06 -19.4 -24.4
2013-07 -23.1 -26.0
2013-08 -13.4 -18.3
2013-09 -7.5 -12.8
2013-10 -13.4 -11.5
2013-11 -13.5 -12.9
2013-12 -15.2 -10.6
2014-01 -12.7 -10.7
2014-02 -13.3 -13.1
2014-03 -11.1 -16.9
2014-04 -9.6 -21.3
2014-05 -11.3 -14.8
2014-06 -13.8 -11.9
2014-07 -10.3 -5.9
2014-08 -17.3 -19.8
2014-09 -18.4 -30.6
2014-10 -16.8 -23.7
2014-11 -13.6 -14.7
2014-12 -12.7 -10.2
2015-01 -4.9 -8.6
2015-02 -1.9 -4.3
2015-03 -3.3 -5.4
2015-04 -2.2 -2.6
2015-05 -3.0 -4.4
2015-06 -1.3 -8.3
2015-07 -6.3 -0.6
2015-08 -1.5 8.0
2015-09 -2.6 1.6
2015-10 0.3 4.4
2015-11 -3.5 3.0
2015-12 -5.2 -15.3
2016-01 -6.1 -4.9
2016-02 -6.8 -9.2
2016-03 -3.5 -5.2
2016-04 -8.7 1.5
2016-05 -3.8 4.8
2016-06 -3.7 -4.0
2016-07 -5.1 -5.1
2016-08 -3.9 -4.1
2016-09 -6.1 -10.5
2016-10 -8.2 -10.7
2016-11 -9.2 -6.3
2016-12 -0.1 -1.2
2017-01 0.2 2.5
2017-02 -0.6 4.3
2017-03 0.3 -2.2
2017-04 -1.5 -12.2
2017-05 -0.7 -5.1
2017-06 -0.2 -5.1
2017-07 0.4 7.9
2017-08 -6.1 0.3
2017-09 3.9 -5.2
2017-10 9.4 -3.2
2017-11 8.1 -6.8
2017-12 5.3 0.3
2018-01 5.4 3.2
2018-02 3.9 4.9
2018-03 2.1 -8.5
2018-04 4.4 -9.0
2018-05 5.7 -6.7
2018-06 5.9 -8.0
2018-07 5.1 -0.2
2018-08 8.5 2.0
2018-09 0.7 -1.3
2018-10 -3.7 -10.2
2018-11 -0.9 -7.7
2018-12 -6.5 -9.2
2019-01 -6.8 -7.7
2019-02 -6.2 -9.8
2019-03 -2.5 -17.9
2019-04 3.3 -12.2
2019-05 -2.6 -10.8
2019-06 -7.0 -8.4
2019-07 -3.6 -2.1
2019-08 -12.3 -3.7
2019-09 -4.9 -2.8
2019-10 -4.9 -8.5
2019-11 -1.3 -6.9
2019-12 0.5 -1.3
2020-01 -2.6 12.7
2020-02 -0.2 2.4
2020-03 -12.5 -4.2
2020-04 -52.9 -2.4
2020-05 -43.3 -56.0
2020-06 -13.0 -47.9
2020-07 -8.2 -40.7
2020-08 -7.4 -8.7
2020-09 -8.6 2.6
2020-10 -2.8 -4.3
2020-11 -37.3 6.1
2020-12 -12.1 -21.4
2021-01 -12.7 -3.5
2021-02 -14.4 -12.7
2021-03 -8.6 -15.9
2021-04 -13.3 -6.6
2021-05 -3.6 -10.3
2021-06 1.6 -1.8
2021-07 3.8 1.1
2021-08 1.2 11.6
2021-09 -4.3 -15.9

Recent sales and ordering intentions

  • Source: INSEE

The opinion of the business managers on employment prospects has worsened

In September 2021, the balance of opinion of the business managers on the expected trend in their workforce size for the next three months has declined, after four consecutive months of increases. It has moved away from his long-term average after almost hitting it in August.

At the same time, the balance on the recent change in the workforce size over the last three months has recovered but remains below its average.

In retail trade (excluding trade and repair of vehicles), the business climate has worsened again

In September 2021, in retail trade the business climate has weakened again. At 97, the composite indicator has lost three points and returned below its long-term average. This deterioration is mainly due to the marked drop in the balances of opinion on expected employment and recent sales.

Indeed, the balance of opinion on sales for the last three months has plummeted and returned below its average. This sharp drop affects the specialised retail trade and even more so the non-specialised retail trade. In the latter, the balance has fallen steeply, returning well below its average, especially due to predominantly food retailing. The balance of opinion on expected sales is stable, below its average.

Retailers remain rather negative about employment prospects. The balance of opinions on the change in their workforce size over the next three months has sharply decreased and moved away from its average. The one for the last three months has recovered but remains below its own.

However, retailers are generally more optimistic than in the previous month on the general business outlook for the sector. The corresponding balance has improved after two consecutive declines. It stands well above its long-term average.

The balance of opinion on ordering intentions has fallen back somewhat, due to specialised retailing, but remains above its average.

Finally, the balance of opinion on the level of stocks has been virtually stable, after three consecutive months of decline. It remains below its long-term average.

In trade and repair of vehicles, the business climate has weakened again

In trade and repair of vehicles, the business climate has weakened since July after reaching a very high level in June. At 105, it has lost three points in September but remains above its average (100). This further deterioration is explained by the decline in most of its components. Only the balances on the sector’s business outlook and on recent prices are on the rise.

Business managers' assessment of their sales, both recent and expected, has shrunk significantly and deviated from their average.

The balance of opinion on ordering intentions has fallen for the third consecutive month, while remaining above its average.

Regarding employment, the balances on recent and expected changes in the workforce size have decreased. However, these two balances remain above their respective averages.

The balance of opinion on the level of stocks has fallen again, more than in the previous month, and stands well below its average.

The balance on the expected development in selling prices for the next three months has declined. The bimonthly balance on the development in selling prices for the last three months has increased sharply compared to July and stands at its highest level since the start of the series (March 2003). These two balances stand well above their averages.

The overall assessment of the business managers on the business outlook for the sector has improved after having deteriorated sharply in the past two months. This balance has deviated further from its average.

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 -14.3 12.0
2010-02 -19.2 0.8
2010-03 -21.7 -22.9
2010-04 -14.8 -3.5
2010-05 -21.5 -0.4
2010-06 -14.4 -14.7
2010-07 -15.5 -6.3
2010-08 -14.3 -7.5
2010-09 -7.3 -16.0
2010-10 -6.9 -8.7
2010-11 -6.9 -6.9
2010-12 -9.6 10.8
2011-01 -7.9 16.7
2011-02 -8.3 10.5
2011-03 -11.6 2.2
2011-04 -14.5 9.1
2011-05 -15.5 2.4
2011-06 -15.6 1.3
2011-07 -10.3 -7.5
2011-08 -12.2 -11.8
2011-09 -16.8 -25.4
2011-10 -10.1 -17.3
2011-11 -20.4 -4.3
2011-12 -15.4 -9.9
2012-01 -35.0 -22.4
2012-02 -19.5 -31.9
2012-03 -25.9 -32.6
2012-04 -15.8 -31.5
2012-05 -22.9 -26.3
2012-06 -28.8 -35.6
2012-07 -34.9 -37.3
2012-08 -25.9 -24.4
2012-09 -35.8 -32.3
2012-10 -47.7 -50.2
2012-11 -31.4 -35.1
2012-12 -31.0 -35.3
2013-01 -35.4 -29.8
2013-02 -17.4 -43.9
2013-03 -25.6 -43.4
2013-04 -27.0 -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 -10.5 -23.0
2013-11 -14.7 -17.5
2013-12 -17.4 -15.4
2014-01 -13.4 -12.2
2014-02 -16.4 -17.0
2014-03 -10.3 -12.3
2014-04 -10.5 -13.7
2014-05 -10.6 -4.4
2014-06 -14.3 -9.3
2014-07 -8.7 -6.5
2014-08 -12.5 -10.8
2014-09 -21.5 -25.3
2014-10 -15.0 -20.4
2014-11 -10.9 3.0
2014-12 -4.3 -2.8
2015-01 -0.2 7.8
2015-02 -1.9 -0.6
2015-03 0.0 1.7
2015-04 1.0 17.6
2015-05 3.2 17.9
2015-06 6.4 11.9
2015-07 -7.2 11.2
2015-08 -1.1 20.8
2015-09 3.0 -5.1
2015-10 -0.8 4.0
2015-11 3.5 6.8
2015-12 4.6 3.3
2016-01 3.5 -0.2
2016-02 3.4 2.0
2016-03 2.7 5.7
2016-04 -0.5 13.9
2016-05 -1.9 13.6
2016-06 3.7 13.7
2016-07 3.2 16.6
2016-08 2.2 12.4
2016-09 -3.9 -3.6
2016-10 -1.7 -2.4
2016-11 -3.6 4.7
2016-12 -2.4 2.4
2017-01 -5.2 9.9
2017-02 -3.8 6.9
2017-03 4.5 7.0
2017-04 2.9 10.2
2017-05 -0.3 2.3
2017-06 2.3 -2.9
2017-07 3.6 12.7
2017-08 0.5 15.1
2017-09 9.4 1.9
2017-10 12.2 2.5
2017-11 12.8 12.7
2017-12 9.4 14.7
2018-01 13.9 23.7
2018-02 16.8 21.3
2018-03 9.4 12.2
2018-04 11.3 16.3
2018-05 12.5 9.2
2018-06 6.7 15.0
2018-07 7.0 22.8
2018-08 5.8 15.7
2018-09 3.6 9.6
2018-10 2.8 4.3
2018-11 4.8 1.4
2018-12 1.2 -2.9
2019-01 -0.2 -11.5
2019-02 0.4 -10.4
2019-03 1.7 -10.4
2019-04 0.0 -0.8
2019-05 3.8 -5.1
2019-06 4.5 -1.3
2019-07 2.0 9.4
2019-08 0.8 13.3
2019-09 -0.2 -1.1
2019-10 0.9 1.0
2019-11 -1.7 -1.1
2019-12 0.0 2.8
2020-01 5.2 23.2
2020-02 4.2 11.6
2020-03 -13.2 9.4
2020-04 -86.6 -13.4
2020-05 -68.3 -84.3
2020-06 -9.8 -80.4
2020-07 12.7 -62.6
2020-08 1.5 2.1
2020-09 -0.6 11.8
2020-10 -3.0 10.3
2020-11 -51.2 13.9
2020-12 -7.7 -25.9
2021-01 -11.7 -17.7
2021-02 -20.6 -15.2
2021-03 -7.2 -27.2
2021-04 -6.0 -8.3
2021-05 -1.7 -7.8
2021-06 9.6 6.5
2021-07 7.3 7.7
2021-08 2.6 7.9
2021-09 -6.3 -20.1

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
2005-01 102.7 109.2
2005-02 102.5 102.8
2005-03 102.1 104.3
2005-04 101.4 105.6
2005-05 102.2 104.6
2005-06 99.2 101.0
2005-07 100.6 96.4
2005-08 100.5 99.5
2005-09 100.3 101.8
2005-10 101.6 103.5
2005-11 99.6 102.5
2005-12 102.6 104.0
2006-01 102.7 102.3
2006-02 103.6 98.6
2006-03 102.3 101.9
2006-04 104.2 101.3
2006-05 104.7 106.9
2006-06 107.9 106.2
2006-07 107.7 107.6
2006-08 106.8 108.6
2006-09 105.8 108.5
2006-10 105.2 112.5
2006-11 106.7 106.8
2006-12 104.9 106.3
2007-01 105.0 105.6
2007-02 108.0 110.1
2007-03 106.5 111.1
2007-04 108.3 112.0
2007-05 106.1 111.3
2007-06 115.7 114.1
2007-07 109.3 113.9
2007-08 109.1 114.6
2007-09 108.9 114.0
2007-10 109.1 108.4
2007-11 110.2 113.3
2007-12 107.2 116.1
2008-01 105.2 113.2
2008-02 102.4 112.7
2008-03 106.5 108.1
2008-04 101.2 107.7
2008-05 102.3 104.6
2008-06 97.4 105.2
2008-07 95.4 102.9
2008-08 93.9 96.8
2008-09 96.3 95.2
2008-10 80.4 90.9
2008-11 82.4 85.4
2008-12 74.6 84.1
2009-01 76.2 82.4
2009-02 78.0 84.1
2009-03 85.6 73.6
2009-04 78.7 75.9
2009-05 87.8 71.2
2009-06 85.0 72.9
2009-07 88.7 77.2
2009-08 92.7 77.8
2009-09 94.5 80.5
2009-10 95.6 82.6
2009-11 100.2 88.7
2009-12 97.6 91.5
2010-01 100.7 92.4
2010-02 98.7 93.9
2010-03 94.8 97.4
2010-04 100.5 99.9
2010-05 98.5 102.2
2010-06 96.9 100.7
2010-07 99.0 102.3
2010-08 100.3 104.3
2010-09 100.8 104.2
2010-10 102.1 105.5
2010-11 103.0 99.9
2010-12 103.6 103.6
2011-01 104.0 102.1
2011-02 105.2 102.4
2011-03 104.5 100.2
2011-04 101.7 100.7
2011-05 101.9 102.5
2011-06 101.3 100.4
2011-07 102.2 99.9
2011-08 98.4 98.7
2011-09 94.8 95.9
2011-10 95.3 95.5
2011-11 92.3 96.7
2011-12 92.2 97.1
2012-01 86.7 93.2
2012-02 88.8 92.2
2012-03 89.0 97.0
2012-04 91.3 97.0
2012-05 87.9 91.9
2012-06 87.7 95.1
2012-07 82.2 90.3
2012-08 85.2 93.9
2012-09 82.4 92.6
2012-10 78.3 96.4
2012-11 82.6 94.6
2012-12 84.0 90.6
2013-01 82.6 90.6
2013-02 84.5 91.3
2013-03 80.6 90.8
2013-04 80.9 88.6
2013-05 82.7 88.5
2013-06 86.1 87.4
2013-07 87.9 88.0
2013-08 91.1 94.7
2013-09 94.8 96.4
2013-10 94.2 97.0
2013-11 92.5 90.1
2013-12 93.8 96.0
2014-01 94.1 97.0
2014-02 93.3 95.6
2014-03 94.8 94.7
2014-04 98.2 96.9
2014-05 97.0 97.8
2014-06 94.6 95.4
2014-07 97.7 95.9
2014-08 95.5 90.5
2014-09 92.6 89.0
2014-10 94.9 88.2
2014-11 98.0 90.9
2014-12 99.0 93.3
2015-01 102.5 92.6
2015-02 101.8 98.2
2015-03 105.2 96.5
2015-04 107.1 94.9
2015-05 108.5 95.6
2015-06 108.1 97.6
2015-07 104.8 99.3
2015-08 109.2 98.3
2015-09 107.1 100.0
2015-10 106.6 102.9
2015-11 107.3 95.6
2015-12 105.8 95.9
2016-01 106.5 99.4
2016-02 107.1 95.7
2016-03 106.1 96.8
2016-04 107.3 97.3
2016-05 108.2 99.0
2016-06 108.9 97.1
2016-07 109.5 99.4
2016-08 107.2 100.5
2016-09 105.6 97.9
2016-10 106.2 98.6
2016-11 106.5 98.0
2016-12 108.3 101.7
2017-01 107.4 100.6
2017-02 106.6 100.5
2017-03 109.0 103.1
2017-04 107.7 100.6
2017-05 108.5 102.0
2017-06 110.9 104.8
2017-07 112.4 103.4
2017-08 111.9 104.0
2017-09 113.3 104.7
2017-10 114.8 106.4
2017-11 115.8 106.6
2017-12 115.7 106.4
2018-01 116.8 108.2
2018-02 118.9 108.2
2018-03 116.3 107.5
2018-04 117.1 106.2
2018-05 116.7 106.1
2018-06 116.3 106.8
2018-07 115.6 109.3
2018-08 112.6 106.3
2018-09 112.2 102.3
2018-10 112.1 99.4
2018-11 111.7 100.6
2018-12 108.4 95.1
2019-01 107.4 96.3
2019-02 106.8 97.2
2019-03 108.6 96.8
2019-04 109.0 101.2
2019-05 110.1 100.2
2019-06 109.0 97.9
2019-07 108.2 99.4
2019-08 109.6 88.3
2019-09 108.4 94.6
2019-10 108.2 95.6
2019-11 108.0 92.4
2019-12 108.6 97.4
2020-01 110.7 95.2
2020-02 110.5 93.5
2020-03 100.1 83.1
2020-04 65.5 59.9
2020-05 69.2 58.7
2020-06 87.7 72.9
2020-07 97.4 76.8
2020-08 102.1 86.3
2020-09 102.6 85.0
2020-10 100.5 85.1
2020-11 82.0 66.3
2020-12 95.1 82.8
2021-01 92.4 96.0
2021-02 90.9 85.0
2021-03 96.5 90.3
2021-04 95.6 85.7
2021-05 105.5 96.8
2021-06 116.4 98.5
2021-07 111.2 101.6
2021-08 107.9 99.6
2021-09 104.9 97.2

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) June 21 July 21 Aug. 21 Sept. 21
Retail trade - Global data
Business climate 100 99 102 100 97
Gener. busin. outlook -28 19 5 -10 -3
Recent sales -7 -5 -2 13 -14
Expected sales -1 12 3 -7 -7
Ordering intentions -7 -2 2 1 -3
Stocks 9 14 7 3 4
Past selling prices (2) -8 7 9
Expected selling prices -5 6 8 10 10
Cash position (2) -14 -13 -7
Workforce size: recent trend 1 -13 -6 -9 -4
Workforce size: future trend -3 -9 -6 -5 -10
Non-specialised retail trade
Recent sales -2 5 -12 15 -25
Expected sales 5 6 2 -1 -4
Ordering intentions 2 2 -2 -1 -1
Stocks 7 7 -1 1 -1
Past selling prices (2) -7 5 4
Expected selling prices -4 2 5 5 7
Cash position (2) -7 -18 -7
Specialised retail trade
Recent sales -13 -17 10 12 -1
Expected sales -9 18 4 -13 -12
Ordering intentions -17 -6 7 3 -6
Stocks 13 21 17 4 9
Past selling prices (2) -8 10 14
Expected selling prices -5 11 11 17 14
Cash position (2) -22 -8 -7
Trade and repair of motor cars and motocycles
Business climate 100 116 111 108 105
Gener. busin. outlook -25 21 6 -19 -7
Recent sales -6 7 8 8 -20
Expected sales -6 9 2 -6 -25
Ordering intentions -9 10 7 3 -6
Stocks 14 -12 -8 -11 -24
Past selling prices (2) 2 11 25
Expected selling prices 4 21 28 25 18
Cash position (2) -22 -8 -5
Workforce size: recent trend -7 -7 -7 0 -4
Workforce size: future trend -6 2 -5 -1 -3
  • (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 27 August and 20 September 2021.

Next issue: 21 October 2021 at 8:45 am

Pour en savoir plus

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