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Informations Rapides · 20 June 2025 · n° 153
Informations rapidesIn June 2025, the business climate has slightly increased again in retail trade and in trade and repair of motor vehicles Monthly survey of retailing - June 2025

In June 2025, the business climate has slightly increased again in retail trade and trade and repair of motor vehicles overall. At 99, the indicator that synthesizes it has gained one point (after rounding) and has moved closer to its long-term average (100). This rise is mainly due to the improvement of ordering intentions, as well in retail trade (excluding motor vehicles) than in trade and repair of motor vehicles.

Informations rapides
No 153
Paru le :Paru le20/06/2025
Prochaine parution le : 24/07/2025 at 08:45 - July 2025

In June 2025, the business climate has slightly increased again in retail trade and trade and repair of motor vehicles overall. At 99, the indicator that synthesizes it has gained one point (after rounding) and has moved closer to its long-term average (100). This rise is mainly due to the improvement of ordering intentions, as well in retail trade (excluding motor vehicles) than in trade and repair of motor vehicles.

Composite indicator

Composite indicator
Business climate synthetic indicator
2025-06 98.6
2025-05 97.8
2025-04 95.1
2025-03 100.0
2025-02 97.2
2025-01 96.8
2024-12 96.6
2024-11 98.4
2024-10 99.3
2024-09 100.1
2024-08 97.3
2024-07 94.1
2024-06 99.4
2024-05 100.9
2024-04 102.2
2024-03 101.4
2024-02 100.5
2024-01 104.1
2023-12 99.9
2023-11 97.1
2023-10 98.4
2023-09 102.7
2023-08 103.2
2023-07 104.4
2023-06 101.4
2023-05 98.0
2023-04 100.7
2023-03 98.0
2023-02 101.3
2023-01 99.9
2022-12 99.4
2022-11 96.8
2022-10 98.0
2022-09 96.5
2022-08 97.6
2022-07 94.5
2022-06 94.1
2022-05 95.4
2022-04 91.3
2022-03 99.6
2022-02 107.1
2022-01 104.8
2021-12 107.7
2021-11 109.2
2021-10 106.8
2021-09 108.1
2021-08 108.9
2021-07 114.2
2021-06 115.7
2021-05 108.3
2021-04 91.8
2021-03 96.7
2021-02 89.9
2021-01 94.0
2020-12 93.7
2020-11 70.4
2020-10 98.4
2020-09 98.1
2020-08 94.5
2020-07 90.0
2020-06 85.4
2020-05 60.6
2020-04 57.5
2020-03 93.2
2020-02 107.7
2020-01 106.8
2019-12 109.2
2019-11 107.0
2019-10 106.7
2019-09 107.4
2019-08 100.4
2019-07 106.6
2019-06 104.1
2019-05 105.2
2019-04 108.4
2019-03 104.6
2019-02 103.3
2019-01 101.5
2018-12 99.7
2018-11 107.2
2018-10 107.3
2018-09 110.5
2018-08 113.8
2018-07 114.9
2018-06 113.4
2018-05 113.7
2018-04 114.0
2018-03 114.1
2018-02 117.1
2018-01 117.1
2017-12 116.8
2017-11 116.5
2017-10 117.3
2017-09 113.8
2017-08 111.5
2017-07 112.3
2017-06 111.5
2017-05 107.3
2017-04 105.9
2017-03 108.3
2017-02 108.0
2017-01 109.4
2016-12 108.6
2016-11 103.3
2016-10 102.1
2016-09 103.1
2016-08 104.9
2016-07 104.8
2016-06 104.3
2016-05 106.5
2016-04 103.1
2016-03 104.2
2016-02 102.7
2016-01 104.4
2015-12 101.8
2015-11 105.5
2015-10 108.8
2015-09 106.3
2015-08 107.1
2015-07 103.4
2015-06 104.7
2015-05 103.4
2015-04 103.5
2015-03 102.5
2015-02 102.5
2015-01 99.1
2014-12 94.4
2014-11 92.8
2014-10 89.1
2014-09 88.3
2014-08 90.4
2014-07 96.9
2014-06 94.6
2014-05 96.4
2014-04 96.5
2014-03 95.4
2014-02 94.6
2014-01 95.2
2013-12 93.9
2013-11 92.0
2013-10 95.4
2013-09 97.9
2013-08 93.4
2013-07 85.0
2013-06 84.8
2013-05 83.2
2013-04 84.2
2013-03 86.3
2013-02 89.6
2013-01 84.6
2012-12 87.8
2012-11 88.1
2012-10 87.2
2012-09 85.6
2012-08 91.0
2012-07 89.2
2012-06 93.1
2012-05 90.8
2012-04 96.0
2012-03 93.2
2012-02 90.6
2012-01 87.9
2011-12 92.9
2011-11 93.9
2011-10 94.6
2011-09 93.9
2011-08 98.3
2011-07 101.4
2011-06 102.1
2011-05 104.1
2011-04 103.3
2011-03 103.9
2011-02 106.8
2011-01 107.0
2010-12 108.2
2010-11 104.5
2010-10 108.0
2010-09 106.2
2010-08 106.6
2010-07 101.2
2010-06 101.3
2010-05 102.0
2010-04 103.4
2010-03 97.9
2010-02 98.7
2010-01 98.2
2009-12 96.5
2009-11 98.3
2009-10 92.6
2009-09 90.3
2009-08 87.2
2009-07 85.9
2009-06 79.1
2009-05 80.1
2009-04 74.9
2009-03 82.5
2009-02 78.0
2009-01 77.0
2008-12 75.7
2008-11 84.1
2008-10 80.2
2008-09 96.7
2008-08 93.0
2008-07 95.4
2008-06 99.7
2008-05 103.5
2008-04 103.7
2008-03 110.1
2008-02 109.2
2008-01 110.5
2007-12 115.2
2007-11 113.1
2007-10 111.8
2007-09 112.2
2007-08 115.6
2007-07 117.7
2007-06 121.2
2007-05 115.0
2007-04 113.8
2007-03 111.5
2007-02 112.9
2007-01 108.0
2006-12 108.7
2006-11 111.2
2006-10 112.0
2006-09 110.6
2006-08 110.0
2006-07 108.3
2006-06 107.9
2006-05 105.5
2006-04 103.8
2006-03 102.4
2006-02 102.8
2006-01 103.2
2005-12 104.3
2005-11 99.7
2005-10 102.0
2005-09 99.4
2005-08 97.9
2005-07 95.9
2005-06 98.1
2005-05 101.4
2005-04 103.8
2005-03 104.4
2005-02 103.9
2005-01 106.3

Composite indicator

  • Source: INSEE.

The balance of opinion related to ordering intentions has increased again

In June 2025, the balance related to the ordering intentions has increased again and has moved above its long-term average. The balances on the past and expected sales have increased again and have moved closer to their own. However, the one on the general business outlook has fallen back a little and has reached its long-term average.

The balances of opinion associated with the expected and past changes in the workforce size have fallen back, sharply for the latter, and have moved away from their long-term average.

The balance associated with the current level of stocks has increased a little and has moved away from its average.

The balance of opinion on the expected selling prices is almost stable, slightly above its average.

Lastly, the balance on the felt economic uncertainty has rebounded and has moved closer to 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.)
Ave. (1) Mar. 25 Apr. 25 May 25 June 25
Business climate 100 100 95 98 99
General business outlook -27 -22 -29 -26 -27
Recent sales -9 -16 -21 -16 -14
Expected sales -4 -7 -11 -9 -5
Ordering intentions -9 -7 -11 -11 -8
Stocks 10 15 14 14 15
Past selling prices (2) -3 2 - -3 -
Expected selling prices 0 3 3 3 2
Cash position (2) -15 -23 - -21 -
Past workforce size -1 -9 -11 -9 -13
Expected workforce size -4 -11 -12 -6 -7
Economic uncertainty felt (3) 37 34 36 34 36
  • (1) Average since 1991 (except 2004 for recent and expected sales and ordering intentions, and April 2021 for uncertainty felt).
  • (2) Bimonthly 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
2025-06 -8.0 -14.3
2025-05 -11.1 -16.4
2025-04 -11.2 -21.2
2025-03 -6.6 -15.6
2025-02 -10.1 -20.5
2025-01 -13.5 -8.1
2024-12 -10.8 -14.1
2024-11 -12.7 -7.3
2024-10 -10.1 -12.6
2024-09 -11.3 -9.3
2024-08 -11.9 -15.1
2024-07 -15.4 -18.2
2024-06 -8.6 -15.3
2024-05 -9.2 -10.4
2024-04 -8.1 -5.3
2024-03 -8.4 -9.8
2024-02 -7.6 -13.5
2024-01 -6.4 -0.9
2023-12 -12.4 -11.9
2023-11 -14.8 -14.5
2023-10 -12.4 -5.4
2023-09 -8.3 1.0
2023-08 -10.9 6.0
2023-07 -8.5 -1.3
2023-06 -8.8 -8.1
2023-05 -13.6 -5.6
2023-04 -10.3 -1.1
2023-03 -14.5 -4.6
2023-02 -9.1 -1.4
2023-01 -12.0 5.9
2022-12 -9.5 -0.7
2022-11 -15.4 2.0
2022-10 -9.9 -3.1
2022-09 -14.6 -5.6
2022-08 -10.5 -12.7
2022-07 -10.6 -20.3
2022-06 -13.0 -15.6
2022-05 -12.4 -13.0
2022-04 -17.8 -18.4
2022-03 -4.6 -11.3
2022-02 -2.0 -7.3
2022-01 -3.5 -5.0
2021-12 -1.1 -5.7
2021-11 -0.5 -11.3
2021-10 -5.1 -18.1
2021-09 -2.5 -11.8
2021-08 0.0 10.7
2021-07 3.5 0.5
2021-06 0.8 -1.5
2021-05 -5.1 -10.8
2021-04 -14.3 -7.1
2021-03 -8.1 -15.3
2021-02 -14.5 -14.3
2021-01 -13.5 -5.4
2020-12 -11.1 -21.4
2020-11 -36.8 7.6
2020-10 -0.5 -2.6
2020-09 -6.2 6.0
2020-08 -8.5 -10.2
2020-07 -7.8 -41.8
2020-06 -13.6 -47.8
2020-05 -44.9 -56.3
2020-04 -54.6 -3.9
2020-03 -12.4 -3.6
2020-02 -0.1 1.3
2020-01 -3.2 10.8
2019-12 1.2 -1.4
2019-11 -1.2 -5.8
2019-10 -3.2 -6.6
2019-09 -3.0 0.4
2019-08 -13.3 -5.2
2019-07 -2.6 -3.7
2019-06 -7.6 -9.1
2019-05 -4.4 -10.9
2019-04 2.3 -12.9
2019-03 -2.7 -17.4
2019-02 -5.9 -10.3
2019-01 -7.0 -9.4
2018-12 -6.0 -8.9
2018-11 -0.9 -6.7
2018-10 -2.4 -8.3
2018-09 1.9 1.9
2018-08 7.7 0.3
2018-07 6.6 -2.1
2018-06 5.6 -8.7
2018-05 4.4 -6.8
2018-04 3.8 -9.9
2018-03 1.8 -7.9
2018-02 4.2 4.7
2018-01 5.5 1.6
2017-12 5.4 1.5
2017-11 7.6 -4.9
2017-10 9.8 -0.5
2017-09 2.3 -1.6
2017-08 -0.8 -1.0
2017-07 -1.4 5.5
2017-06 -1.0 -5.9
2017-05 -3.2 -5.5
2017-04 -3.5 -11.9
2017-03 0.2 -1.8
2017-02 -0.4 4.2
2017-01 1.5 1.0
2016-12 -0.1 -1.2
2016-11 -9.2 -6.3
2016-10 -8.2 -10.7
2016-09 -6.1 -10.5
2016-08 -3.9 -4.1
2016-07 -5.1 -5.1
2016-06 -3.7 -4.0
2016-05 -3.8 4.8
2016-04 -8.7 1.5
2016-03 -3.5 -5.2
2016-02 -6.8 -9.2
2016-01 -6.1 -4.9
2015-12 -5.2 -15.3
2015-11 -3.5 3.0
2015-10 0.3 4.4
2015-09 -2.6 1.6
2015-08 -1.5 8.0
2015-07 -6.3 -0.6
2015-06 -1.3 -8.3
2015-05 -3.0 -4.4
2015-04 -2.2 -2.6
2015-03 -3.3 -5.4
2015-02 -1.9 -4.3
2015-01 -4.9 -8.6
2014-12 -12.7 -10.2
2014-11 -13.6 -14.7
2014-10 -16.8 -23.7
2014-09 -18.4 -30.6
2014-08 -17.3 -19.8
2014-07 -10.3 -5.9
2014-06 -13.8 -11.9
2014-05 -11.3 -14.8
2014-04 -9.6 -21.3
2014-03 -11.1 -16.9
2014-02 -13.3 -13.1
2014-01 -12.7 -10.7
2013-12 -15.2 -10.6
2013-11 -13.5 -12.9
2013-10 -13.4 -11.5
2013-09 -7.5 -12.8
2013-08 -13.4 -18.3
2013-07 -23.1 -26.0
2013-06 -19.4 -24.4
2013-05 -21.7 -29.8
2013-04 -19.6 -31.8
2013-03 -17.1 -25.9
2013-02 -14.0 -27.2
2013-01 -25.5 -17.3
2012-12 -17.7 -21.2
2012-11 -18.5 -16.4
2012-10 -19.3 -23.0
2012-09 -21.7 -23.8
2012-08 -15.1 -8.3
2012-07 -15.4 -19.5
2012-06 -12.9 -18.3
2012-05 -16.8 -14.8
2012-04 -13.7 -8.1
2012-03 -16.0 -12.3
2012-02 -15.4 -15.4
2012-01 -19.9 -20.3
2011-12 -13.9 -17.5
2011-11 -12.6 -13.0
2011-10 -13.5 -15.7
2011-09 -13.1 -17.4
2011-08 -11.3 -6.5
2011-07 -11.6 -9.4
2011-06 -11.4 0.1
2011-05 -7.9 3.6
2011-04 -7.2 1.7
2011-03 -5.8 -6.4
2011-02 -2.4 1.6
2011-01 -1.8 4.3
2010-12 -1.3 4.1
2010-11 -4.9 -8.0
2010-10 1.3 -3.9
2010-09 -2.3 -1.8
2010-08 -1.6 4.0
2010-07 -7.9 -5.3
2010-06 -4.7 -1.0
2010-05 -7.0 2.1
2010-04 -4.5 -2.7
2010-03 -10.0 -20.1
2010-02 -9.9 -13.0
2010-01 -13.4 -4.7

Recent sales and ordering intentions

  • Source: INSEE.

The ordering intentions have improved in both retail trade (excluding motor vehicles) and trade and repair of motor vehicles

In June 2025, the balance associated with the ordering intentions has increased again in retail trade (excluding motor vehicles) and has moved away from its average. In trade and repair of motor vehicles, it has rebounded while remaining sharply below its own.

The balance associated with the past sales has fallen back in retail trade (excluding motor vehicles) where it has moved away from its average. In trade and repair of motor vehicles, the balances associated with the past and expected sales have strongly rebounded and have moved closer to their own.

The balance associated with the expected change in the workforce size has increased again a little in retail trade (excluding motor vehicles) and has moved closer to its average. In trade and repair of motor vehicles, it has sharply retreated and has moved just below its own.

Balances of opinion by sub-sector in retail trade and trade and repair of motor vehicles

Balances of opinion, in %, S.A.
Balances of opinion by sub-sector in retail trade and trade and repair of motor vehicles (Balances of opinion, in %, S.A.)
Ave. (1) Mar. 25 Apr. 25 May 25 June 25
Retail trade
General business outlook -28 -21 -28 -24 -27
Recent sales -8 -15 -19 -10 -12
Expected sales -2 -2 -7 -1 2
Ordering intentions -9 -1 -8 -5 -2
Stocks 10 12 12 13 13
Past selling prices (2) -5 6 - 0 -
Expected selling prices -2 9 7 6 5
Cash position (2) -14 -23 - -20 -
Past workforce size 0 -10 -12 -11 -16
Expected workforce size -4 -13 -15 -8 -7
Economic uncertainty felt (3) 35 34 36 34 36
Trade and repair of motor vehicles
General business outlook -26 -24 -33 -32 -29
Recent sales -10 -16 -25 -29 -18
Expected sales -8 -18 -20 -24 -17
Ordering intentions -11 -17 -18 -23 -20
Stocks 12 19 17 15 19
Past selling prices (2) 4 -4 - -7 -
Expected selling prices 6 -8 -5 -4 -2
Cash position (2) -21 -22 - -23 -
Past workforce size -7 -6 -5 -2 -3
Expected workforce size -5 -6 -4 -1 -6
Economic uncertainty felt (3) 40 34 35 33 36
  • (1) Average since 1991 for retail trade and 2003 for trade and repair of motor vehicles (except 2004 for recent and expected sales and ordering intentions, and April 2021 for uncertainty felt).
  • (2) Bimonthly 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 climate for May 2025 in retail trade (including trade and repair of motor vehicles) has not been revised (after rounding).

For more information

The whole sector “retail trade and trade and repair of motor vehicles” is composed for 66% of retail trade and for 34% of trade and repair of motor vehicles.

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.

This survey is part of the Joint Harmonised EU Programme of Business and Consumer Surveys, partly funded by the European Commission.

The responses of this survey were collected between 26 May and 17 June 2025; most companies answer during the first two weeks of collection.

Next issue: 24 July 2025 at 8:45 am.

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