Insee
Informations Rapides · 21 October 2021 · n° 273
Informations rapidesIn October 2021, the business climate in retail trade and in trade and repair of vehicles as a whole has slightly recovered Monthly survey of retailing - October 2021

In October 2021, the business climate in retail trade and trade and repair of vehicles as a whole has slightly recovered. At 107, the indicator that synthesizes it has regained one point and therefore remains above its long-term average (100). This improvement is mainly due to the increase in forward-looking balances, somewhat mitigated by the decrease in the balances relating to the recent past.

Informations rapides
No 273
Paru le :Paru le21/10/2021
Prochaine parution le : 24/10/2024 at 08:45 - October 2024
Warning :

The balances of opinions resulting from the new question on economic uncertainty felt, asked since April 2021, are published from this month onwards. Further details are available in the "Documentation" tab.

In October 2021, the business climate in retail trade and trade and repair of vehicles as a whole has slightly recovered. At 107, the indicator that synthesizes it has regained one point and therefore remains above its long-term average (100). This improvement is mainly due to the increase in forward-looking balances, somewhat mitigated by the decrease in the balances relating to the recent past.

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 95.6
2005-08 97.2
2005-09 98.2
2005-10 100.8
2005-11 99.3
2005-12 103.1
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
2008-04 103.3
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 78.3
2009-02 79.4
2009-03 80.5
2009-04 76.4
2009-05 80.0
2009-06 79.8
2009-07 85.6
2009-08 87.0
2009-09 90.1
2009-10 92.1
2009-11 97.5
2009-12 96.5
2010-01 98.2
2010-02 98.4
2010-03 97.8
2010-04 102.5
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
2011-05 104.2
2011-06 102.6
2011-07 102.0
2011-08 98.6
2011-09 94.3
2011-10 95.1
2011-11 94.2
2011-12 93.5
2012-01 89.1
2012-02 91.0
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 93.4
2013-09 97.2
2013-10 95.5
2013-11 91.7
2013-12 94.3
2014-01 95.2
2014-02 94.5
2014-03 94.9
2014-04 96.0
2014-05 96.1
2014-06 94.4
2014-07 96.2
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
2016-04 102.8
2016-05 105.6
2016-06 103.3
2016-07 104.3
2016-08 104.3
2016-09 102.6
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
2019-05 105.9
2019-06 104.6
2019-07 105.6
2019-08 101.3
2019-09 105.1
2019-10 105.3
2019-11 105.6
2019-12 107.5
2020-01 105.7
2020-02 106.1
2020-03 92.8
2020-04 61.7
2020-05 65.0
2020-06 85.7
2020-07 89.0
2020-08 94.2
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 91.9
2021-05 109.7
2021-06 115.9
2021-07 113.6
2021-08 108.8
2021-09 105.8
2021-10 107.4

Composite indicator

  • Source: INSEE

Rising forward-looking balances

In October 2021, the balance of opinion on the general business outlook for the sector has increased for the second month in a row and remained well above its long-term average.

The balance of opinion of the business managers on the expected trend in their workforce size over the next three months has rebounded and approached its long-term average.

Business managers have been more optimistic than in the previous month about their ordering intentions and their expected sales for the next three months. The balance of opinion associated with ordering intentions has exceeded further its average, but the one relating to expected sales remains below its own.

At the same time, the balance of opinion on selling prices for the next three months has increased sharply and reached a level not seen since the start of the series (1991).

The economic uncertainty felt by business managers has remained at a level close to what they expressed during the previous two months.

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) July 21 Aug. 21 Sept. 21 Oct. 21
Business climate 100 114 109 106 107
General business outlook -28 5 -12 -4 -1
Recent sales -7 1 12 -15 -19
Expected sales -3 3 -6 -12 -8
Ordering intentions -7 4 1 -5 -3
Stocks 10 3 -2 -5 -8
Past selling prices (2) -6 8 14
Expected selling prices -3 14 15 13 20
Cash position (2) -15 -11 -6
Workforce size: recent trend 0 -6 -7 -5 -7
Workforce size: future trend -3 -6 -4 -9 -6
Economic uncertainty felt (3) 34 30 32 32 33
  • (1) Average since 1991 (2004 for recent and expected sales and ordering intentions, April 2021 for uncertainty flet).
  • (2) Bi-monthly question (odd-numbered months).
  • (3) Non-seasonally adjusted balance
  • 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 -5.1 -15.2
2021-10 -3.5 -19.0

Recent sales and ordering intentions

  • Source: INSEE

The balances of opinion on recent trends in sales and workforce size have worsened

In October 2021, the balance of opinion on the sales for the last three months has dropped again. At the same time, the balance on the level of stocks went through its fifth consecutive monthly decline and reached levels unobserved since 2009, especially because of the trade and repair of vehicles. Both of these balances have deviated from their long-run averages.

The balance on the past change in the workforce size over the last three months has fallen back and also remains below its average.

In retail trade (excluding trade and repair of vehicles), the business climate has bounced back

In October 2021, in retail trade the business climate has bounced back. At 99, the composite indicator has gained three points and approached its long-term average (100). This rebound is mainly due to the rise in the balances of opinion on expected employment and ordering intentions.

The balance of opinion on sales for the last three months has fallen again. This decline is more pronounced in general retailing, especially for food products. At the same time, the balance of opinion on the level of stocks has increased slightly for the whole of retail trade, due to a sharp rebound in general retail trade.

In trade and repair of vehicles, the business climate has been steady

In trade and repair of vehicles, the business climate has remained unchanged in October 2021. At 104, it remains above its average (100).

The overall assessment of business managers on the business outlook for the sector has remained virtually stable, above its average. The balance of opinion on expected sales is almost unchanged, significantly below its own.

The balance of opinion on ordering intentions has fallen for the fourth consecutive month and moved below its average. The balance of opinion relating to the level of stocks also has fallen for the third month in a row and reached its lowest level since the series began (February 2003).

Business managers' ratings of recent sales have deteriorated again and moved away from their average.

Regarding employment, the balances on recent and expected changes in the workforce size has risen and deviated from their respective averages.

The balance on the expected development in selling prices for the next three months has rebounded and stands far above 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 -8.0 -19.9
2021-10 -13.7 -24.7

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
2005-01 102.7 109.2
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
2005-09 100.3 101.9
2005-10 101.6 103.5
2005-11 99.5 102.5
2005-12 102.6 104.1
2006-01 102.7 102.3
2006-02 103.5 98.6
2006-03 102.3 102.0
2006-04 104.2 101.3
2006-05 104.6 106.9
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
2006-11 106.6 106.8
2006-12 104.9 106.3
2007-01 105.0 105.6
2007-02 108.0 110.2
2007-03 106.5 111.1
2007-04 108.3 112.0
2007-05 106.1 111.3
2007-06 115.7 114.2
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
2008-05 102.2 104.6
2008-06 97.4 105.2
2008-07 95.3 102.9
2008-08 93.9 96.8
2008-09 96.2 95.2
2008-10 80.3 90.9
2008-11 82.4 85.4
2008-12 74.5 84.1
2009-01 76.2 82.4
2009-02 78.0 84.1
2009-03 85.5 73.6
2009-04 78.7 75.9
2009-05 87.7 71.2
2009-06 85.0 72.8
2009-07 88.6 77.1
2009-08 92.6 77.8
2009-09 94.5 80.5
2009-10 95.6 82.5
2009-11 100.2 88.6
2009-12 97.5 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 98.4 102.2
2010-06 96.9 100.7
2010-07 99.0 102.3
2010-08 100.3 104.3
2010-09 100.7 104.3
2010-10 102.1 105.5
2010-11 102.9 99.9
2010-12 103.6 103.6
2011-01 103.9 102.1
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 86.6 93.2
2012-02 88.8 92.2
2012-03 89.0 97.0
2012-04 91.2 97.0
2012-05 87.8 91.9
2012-06 87.6 95.1
2012-07 82.1 90.3
2012-08 85.2 93.9
2012-09 82.4 92.6
2012-10 78.2 96.4
2012-11 82.6 94.6
2012-12 83.9 90.6
2013-01 82.5 90.6
2013-02 84.5 91.3
2013-03 80.6 90.8
2013-04 80.8 88.6
2013-05 82.6 88.5
2013-06 86.0 87.4
2013-07 87.8 88.0
2013-08 91.1 94.7
2013-09 94.7 96.4
2013-10 94.2 97.0
2013-11 92.5 90.1
2013-12 93.7 96.0
2014-01 94.0 97.0
2014-02 93.3 95.6
2014-03 94.8 94.7
2014-04 98.2 96.9
2014-05 96.9 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 98.4
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
2016-05 108.3 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
2017-08 112.0 104.0
2017-09 113.3 104.7
2017-10 114.8 106.5
2017-11 115.8 106.6
2017-12 115.7 106.4
2018-01 116.8 108.2
2018-02 118.9 108.2
2018-03 116.3 107.6
2018-04 117.1 106.2
2018-05 116.7 106.1
2018-06 116.3 106.8
2018-07 115.7 109.3
2018-08 112.6 106.3
2018-09 112.2 102.3
2018-10 112.1 99.4
2018-11 111.8 100.6
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
2020-01 110.8 95.2
2020-02 110.5 93.5
2020-03 100.1 83.1
2020-04 65.4 59.9
2020-05 69.1 58.7
2020-06 87.6 72.9
2020-07 97.4 76.8
2020-08 102.1 86.2
2020-09 102.6 85.0
2020-10 100.5 85.1
2020-11 81.9 66.2
2020-12 95.1 82.8
2021-01 92.3 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
2021-09 104.5 96.1
2021-10 103.9 99.1

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) July 19 Aug. 19 Sept. 19 Oct. 19
Retail trade - Global data
Business climate 100 102 100 96 99
Gener. busin. outlook -28 5 -10 -3 1
Recent sales -7 -2 13 -13 -17
Expected sales -1 3 -7 -6 -2
Ordering intentions -7 2 1 -4 1
Stocks 9 7 3 3 5
Past selling prices (2) -8 7 9
Expected selling prices -5 8 10 10 19
Cash position (2) -14 -13 -7
Workforce size: recent trend 0 -6 -9 -5 -8
Workforce size: future trend -3 -6 -5 -10 -7
Economic uncertainty felt (3) 32 30 30 30 30
Non-specialised retail trade
Recent sales -2 -12 15 -24 -29
Expected sales 5 2 -1 -2 3
Ordering intentions 2 -2 -1 -3 5
Stocks 7 -1 1 -1 9
Past selling prices (2) -7 5 4
Expected selling prices -4 5 5 6 16
Cash position (2) -7 -18 -7
Economic uncertainty felt (3) 30 27 29 29 27
Specialised retail trade
Recent sales -13 10 12 -1 -2
Expected sales -9 4 -13 -11 -7
Ordering intentions -17 7 3 -5 -4
Stocks 13 17 4 8 1
Past selling prices (2) -8 10 14
Expected selling prices -5 11 17 14 21
Cash position (2) -22 -8 -7
Economic uncertainty felt (3) 34 34 30 31 34
Trade and repair of motor cars and motocycles
Business climate 100 111 108 104 104
Gener. busin. outlook -25 6 -19 -8 -9
Recent sales -6 8 8 -20 -25
Expected sales -6 2 -6 -25 -24
Ordering intentions -9 7 3 -8 -14
Stocks 14 -8 -11 -26 -38
Past selling prices (2) 2 11 25
Expected selling prices 4 28 25 19 23
Cash position (2) -22 -8 -5
Workforce size: recent trend -7 -7 0 -6 -3
Workforce size: future trend -6 -5 -1 -3 -1
Economic uncertainty felt (3) 39 31 36 38 38
  • (1) Average since 1991 (2003 for trade and repair of motor vehicles and 2004 for recent and expected sales and ordering intentions, April 2021 for uncertainty felt).
  • (2) Bi-monthly question (odd-numbered months).
  • (3) Non-seasonally adjusted balance
  • Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles

Revisions

The business climates for September 2021 in the sub-sector of retail trade and trade and repair of vehicles have been revised downwards by one point. These revisions are mainly due to the inclusion of late responses from companies.

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.

For the three-modality questions, 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 September 2021 and 18 October 2021.

Next issue: 24 November 2021 at 8:45 am

Pour en savoir plus

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