Informations Rapides ·
31 July 2024 · n° 193
In May 2024, sales volume in trade decreased by 0.4% Sales volume in wholesale and retail trade - May 2024
In May 2024, the volume of sales in all trade sectors dropped by 0.4% over a month, following an increase of 1.1% in April.
- In May 2024, the drop in the volume of sales was mainly due to wholesale and retail trade and repair of motor vehicles and motorcycles
- Early retail trade estimate for June 2024
- From March to May 2024, the volume of sales increased by 1.5% compared to the same three months a year before
- Revisions
- For more information
In May 2024, the volume of sales in all trade sectors dropped by 0.4% over a month, following an increase of 1.1% in April.
In May 2024, the drop in the volume of sales was mainly due to wholesale and retail trade and repair of motor vehicles and motorcycles
In May 2024*, the volume of sales shrank over a month in the wholesale and retail trade and repair of motor vehicles and motorcycles (‑1.8% after +1.2% in April). All the sub-sectors went down, with the sale of motor vehicles (‑2.0% after +1.0%) making the largest contribution to the decrease.
The volume of sales in the wholesale trade except that of motor vehicles and motorcycles also fell back in May 2024 (‑0.3% after +1.5%). It dropped strongly in the agricultural raw materials and live animals (‑9.2% after +2.1%) and a little more moderately in the household goods (‑1.6% after +3.5%). On the contrary, it bounced back sharply for the “other machinery, equipment and supplies” (+5.0% after ‑1.2%).
Lastly, in May 2024, the volume of sales was virtually stable in retail trade except that of motor vehicles and motorcycles (‑0.1%) following a stability in April. It fell back in specialised stores (‑0.3% after +0.2%), decreased again in the retail trade not in stores (‑0.8% after ‑1.0%), while it started to grow again in non-specialised stores (+0.5% after a stability). Within specialised stores, the drop in the volume of sales was mainly due to the “other household equipment” (sales of furniture, appliances, hardware, etc.: ‑3.1% after +0.4%).
* All data are seasonally and working-day adjusted (SA-WDA).
Early retail trade estimate for June 2024
According to early estimates, the sales volume in retail trade except that of motor vehicles and motorcycles is expected to have decreased again in June 2024 (‑0.2% over a month). Over the second quarter of 2024, it would be 1.9% higher than in the second quarter of 2023.
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 | |
|---|---|---|---|---|
| 2024-05 | 104.71 | 100.64 | 102.34 | 101.7 |
| 2024-04 | 106.67 | 100.91 | 102.44 | 102.16 |
| 2024-03 | 105.36 | 99.37 | 102.39 | 101.09 |
| 2024-02 | 108.53 | 101.36 | 102.82 | 102.78 |
| 2024-01 | 105.32 | 99.4 | 102.3 | 101.07 |
| 2023-12 | 111.46 | 99.99 | 101.47 | 102.02 |
| 2023-11 | 108.72 | 97.39 | 102.29 | 100.39 |
| 2023-10 | 109.61 | 98.62 | 100.74 | 100.77 |
| 2023-09 | 109.7 | 99.39 | 100.83 | 101.25 |
| 2023-08 | 109.92 | 100.74 | 100.53 | 101.96 |
| 2023-07 | 108.67 | 99.93 | 101.5 | 101.6 |
| 2023-06 | 108.05 | 100.37 | 101.15 | 101.67 |
| 2023-05 | 108.37 | 99.92 | 100.5 | 101.27 |
| 2023-04 | 103.31 | 96.84 | 99.62 | 98.55 |
| 2023-03 | 106.65 | 98.79 | 101.75 | 100.75 |
| 2023-02 | 104.42 | 99.46 | 101.47 | 100.73 |
| 2023-01 | 104.09 | 100.75 | 101.77 | 101.51 |
| 2022-12 | 102.38 | 100.31 | 102.03 | 101.1 |
| 2022-11 | 102.31 | 102.9 | 102.31 | 102.64 |
| 2022-10 | 101.5 | 101.52 | 103.0 | 101.94 |
| 2022-09 | 103.06 | 102.51 | 104.83 | 103.26 |
| 2022-08 | 102.03 | 101.69 | 103.09 | 102.14 |
| 2022-07 | 95.53 | 100.83 | 101.22 | 100.21 |
| 2022-06 | 96.37 | 102.18 | 103.34 | 101.71 |
| 2022-05 | 97.08 | 100.92 | 103.8 | 101.22 |
| 2022-04 | 94.81 | 102.34 | 103.97 | 101.76 |
| 2022-03 | 98.17 | 103.55 | 103.57 | 102.8 |
| 2022-02 | 99.22 | 103.28 | 103.13 | 102.67 |
| 2022-01 | 100.83 | 102.2 | 102.95 | 102.23 |
| 2021-12 | 99.93 | 100.39 | 103.29 | 101.16 |
| 2021-11 | 100.07 | 102.77 | 102.99 | 102.46 |
| 2021-10 | 99.61 | 100.8 | 102.67 | 101.18 |
| 2021-09 | 98.88 | 99.92 | 101.63 | 100.27 |
| 2021-08 | 100.34 | 100.44 | 101.77 | 100.81 |
| 2021-07 | 99.31 | 100.98 | 101.19 | 100.81 |
| 2021-06 | 101.69 | 102.37 | 101.26 | 101.95 |
| 2021-05 | 97.68 | 98.19 | 98.98 | 98.35 |
| 2021-04 | 99.61 | 98.17 | 92.26 | 96.66 |
| 2021-03 | 101.61 | 99.36 | 98.9 | 99.54 |
| 2021-02 | 98.93 | 97.63 | 97.8 | 97.86 |
| 2021-01 | 102.35 | 98.97 | 97.26 | 98.95 |
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 | May 2024 | Change in % | |||
|---|---|---|---|---|---|---|
| Apr. 2024/Mar. 2024 | May 2024/Apr. 2024 | q-o-q(1) | y-o-y(2) | |||
| G Wholesale and retail trade; repair of motor vehicles and motorcycles | 10,000 | 101.7 | 1.1 | -0.4 | -0.3 | 1.5 |
| 45 Wholesale and retail trade and repair of motor vehicles and motorcycles | 1,397 | 104.7 | 1.2 | -1.8 | -2.6 | -0.5 |
| 451 Sale of motor vehicles | 901 | 105.6 | 1.0 | -2.0 | -4.0 | -0.1 |
| 452 Maintenance and repair of motor vehicles | 103 | 102.8 | 2.6 | -2.8 | -0.4 | -0.7 |
| 453 Sale of motor vehicle parts and accessories | 363 | 104.1 | 1.8 | -1.2 | 0.2 | -1.1 |
| 454 Sale, maintenance and repair of motorcycles and related parts and accessories | 30 | 91.4 | -3.9 | -1.5 | 0.3 | -3.9 |
| 46 Wholesale trade, except of motor vehicles and motorcycles | 5,703 | 100.6 | 1.5 | -0.3 | 0.1 | 1.8 |
| 461 Wholesale on a fee or contract basis | 872 | 98.8 | 0.2 | 0.5 | 1.6 | 7.6 |
| 462 Agricultural raw materials and live animals | 307 | 100.7 | 2.1 | -9.2 | -2.4 | 5.2 |
| 463 Food, beverages and tobacco | 1,046 | 95.5 | 0.9 | 0.0 | 1.1 | 2.1 |
| 464 Household goods | 1,129 | 105.1 | 3.5 | -1.6 | -0.7 | -1.0 |
| 465 Information and communication equipment | 331 | 106.8 | 2.5 | 0.4 | -1.0 | -1.0 |
| 466 Other machinery, equipment and supplies | 748 | 107.5 | -1.2 | 5.0 | -1.0 | 1.7 |
| 467 Other specialised wholesale | 1,161 | 95.9 | 2.7 | -0.7 | 0.6 | -0.1 |
| 469 Non specialised wholesale trade | 111 | 103.1 | 0.9 | 0.1 | 0.3 | 7.3 |
| 47 Retail trade, except of motor vehicles and motorcycles | 2,900 | 102.3 | 0.0 | -0.1 | 0.2 | 1.8 |
| 471 Retail sale in non-specialised stores | 1,002 | 99.9 | 0.0 | 0.5 | -0.2 | 1.7 |
| 472 to 477 Retail sale in specialised stores | 1,621 | 105.0 | 0.2 | -0.3 | 0.2 | 1.8 |
| 472 Food, beverages and tobacco in specialised stores | 223 | 95.0 | -2.0 | 0.7 | 0.2 | 2.3 |
| 473 Automotive fuel in specialised stores | 266 | 98.5 | -1.2 | 0.0 | 0.1 | 1.4 |
| 474 Information and communication equipment in specialised stores | 55 | 118.8 | -1.3 | 1.8 | 0.0 | 5.5 |
| 475 Other household equipment in specialised stores | 296 | 85.6 | 0.4 | -3.1 | -1.4 | -5.7 |
| 476 Cultural and recreation goods in specialised stores | 110 | 110.4 | -0.6 | -0.1 | 1.2 | 1.4 |
| 477 Other goods in specialised stores | 671 | 117.4 | 1.5 | 0.1 | 0.7 | 4.4 |
| 478 and 479 Retail trade not in stores | 277 | 95.7 | -1.0 | -0.8 | 1.5 | 1.3 |
- (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
From March to May 2024, the volume of sales increased by 1.5% compared to the same three months a year before
The cumulative volume of sales of the three months under review (March to May 2024) in overall trade was 1.5% higher than that of the same period a year earlier. It increased both in the wholesale trade except that of motor vehicles and motorcycles (+1.8%) and in the retail trade except that of motor vehicles and motorcycles (+1.8%). Conversely, the cumulative volume of sales decreased for the trade and repair of motor vehicles and motorcycles (‑0.5%). Within the retail trade sector, it grew in specialised stores (+1.8%), in non-specialised stores (+1.7%) and in retail trade not in stores (+1.3%).
Revisions
The monthly percentage change in the overall sales volume trade in April 2024 has been revised downwards by 0.3 points compared to the previous release, and now stands at +1.1% (after rounding).
tableauRevision of variationsin percentage points
| Feb. 2024/Jan. 2024 | Mar. 2024/Feb. 2024 | Apr. 2024/Mar. 2024 | Q1 2024/Q4 2023 | 2023/2022 | |
|---|---|---|---|---|---|
| G Overall trade | 0.06 | -0.15 | -0.33 | -0.09 | 0.02 |
| Raw series | -0.01 | 0.02 | -0.04 | 0.01 | 0.01 |
| SA-WDA parameters | 0.07 | -0.17 | -0.29 | -0.10 | 0.01 |
- How to read: in the “wholesale and retail trade; repair of motor vehicles and motorcycles”, the SA-WDA variation between March and April 2024 is revised by -0.33 points. -0.04 points are due to the raw series’ revision and -0.29 points to the new calculation of the SA-WDA parameters.
- Sources: DGFiP, INSEE
For more information
Next issue: 30 August 2024 at 08:45 am.
Pour en savoir plus
Time series: Sales volume in wholesale and retail trade (base 2021)
Time series: Turnover index in wholesale and retail trade (base 2021)
Informations Rapides: Sales volume in wholesale and retail trade
Insee Méthodes n° 143 - June 2023: turnover in industry and construction, index of services production and sales volume in wholesale and retail trade