Insee
Informations Rapides · 21 November 2025 · n° 291
Informations rapidesIn November 2025, the business climate has slightly retreated in retail trade and in trade and repair of motor vehicles Monthly survey of retailing - November 2025

In November 2025, the business climate has slightly retreated in the whole sector comprising retail trade and trade and repair of motor vehicles. At 97, the indicator that synthesises it has lost two points and has moved away from its long-term average (100), while remaining well above its September level (92). This downturn results from contrasted developments between retail trade excluding motor vehicles, where the climate has clearly increased, and trade and repair of motor vehicles, where it has dropped again.

Informations rapides
No 291
Paru le :Paru le21/11/2025
Prochaine parution le : 18/12/2025 at 08:45 - December 2025

In November 2025, the business climate has slightly retreated in the whole sector comprising retail trade and trade and repair of motor vehicles. At 97, the indicator that synthesises it has lost two points and has moved away from its long-term average (100), while remaining well above its September level (92). This downturn results from contrasted developments between retail trade excluding motor vehicles, where the climate has clearly increased, and trade and repair of motor vehicles, where it has dropped again.

Composite indicator

Composite indicator
Business climate synthetic indicator
2025-11 96.6
2025-10 98.8
2025-09 92.0
2025-08 92.7
2025-07 98.6
2025-06 99.4
2025-05 98.1
2025-04 97.9
2025-03 101.8
2025-02 98.5
2025-01 97.7
2024-12 99.5
2024-11 98.9
2024-10 99.4
2024-09 98.5
2024-08 98.2
2024-07 93.7
2024-06 100.5
2024-05 101.3
2024-04 103.4
2024-03 102.1
2024-02 101.8
2024-01 105.6
2023-12 99.9
2023-11 97.2
2023-10 97.8
2023-09 102.2
2023-08 103.3
2023-07 103.6
2023-06 100.5
2023-05 97.2
2023-04 101.6
2023-03 97.1
2023-02 101.9
2023-01 100.6
2022-12 101.3
2022-11 96.3
2022-10 99.2
2022-09 94.8
2022-08 99.1
2022-07 96.6
2022-06 94.5
2022-05 95.9
2022-04 91.7
2022-03 102.8
2022-02 109.1
2022-01 108.1
2021-12 109.9
2021-11 110.4
2021-10 106.2
2021-09 109.0
2021-08 112.7
2021-07 115.5
2021-06 116.7
2021-05 109.4
2021-04 96.1
2021-03 100.5
2021-02 93.1
2021-01 96.7
2020-12 97.3
2020-11 71.2
2020-10 105.3
2020-09 102.5
2020-08 100.4
2020-07 95.5
2020-06 91.2
2020-05 60.4
2020-04 55.6
2020-03 97.5
2020-02 111.2
2020-01 110.3
2019-12 111.5
2019-11 109.5
2019-10 107.2
2019-09 108.3
2019-08 100.8
2019-07 106.8
2019-06 104.4
2019-05 107.0
2019-04 111.7
2019-03 107.0
2019-02 104.5
2019-01 103.3
2018-12 101.7
2018-11 108.5
2018-10 107.6
2018-09 112.4
2018-08 118.4
2018-07 115.5
2018-06 115.6
2018-05 115.8
2018-04 115.5
2018-03 114.7
2018-02 117.9
2018-01 119.0
2017-12 117.6
2017-11 118.5
2017-10 119.6
2017-09 114.4
2017-08 111.2
2017-07 111.9
2017-06 110.9
2017-05 107.6
2017-04 106.5
2017-03 109.9
2017-02 110.1
2017-01 111.9
2016-12 110.4
2016-11 102.4
2016-10 101.8
2016-09 103.7
2016-08 105.9
2016-07 105.2
2016-06 106.0
2016-05 107.6
2016-04 103.0
2016-03 106.3
2016-02 103.4
2016-01 104.7
2015-12 103.4
2015-11 107.7
2015-10 110.9
2015-09 107.9
2015-08 109.5
2015-07 104.2
2015-06 107.4
2015-05 106.0
2015-04 106.8
2015-03 105.3
2015-02 105.9
2015-01 102.7
2014-12 95.4
2014-11 94.0
2014-10 90.0
2014-09 88.3
2014-08 90.4
2014-07 98.2
2014-06 95.0
2014-05 96.9
2014-04 97.6
2014-03 96.8
2014-02 95.3
2014-01 95.8
2013-12 93.8
2013-11 94.1
2013-10 95.5
2013-09 100.3
2013-08 94.3
2013-07 84.3
2013-06 86.3
2013-05 83.9
2013-04 85.6
2013-03 88.3
2013-02 91.7
2013-01 82.9
2012-12 88.9
2012-11 88.4
2012-10 87.0
2012-09 84.9
2012-08 92.4
2012-07 91.2
2012-06 94.2
2012-05 91.3
2012-04 95.8
2012-03 92.6
2012-02 91.7
2012-01 87.3
2011-12 93.1
2011-11 94.7
2011-10 94.6
2011-09 94.2
2011-08 98.1
2011-07 99.7
2011-06 100.7
2011-05 103.7
2011-04 103.7
2011-03 104.4
2011-02 108.2
2011-01 108.9
2010-12 109.7
2010-11 105.4
2010-10 110.3
2010-09 107.6
2010-08 108.4
2010-07 101.4
2010-06 103.6
2010-05 102.7
2010-04 105.1
2010-03 98.3
2010-02 99.7
2010-01 97.9
2009-12 97.1
2009-11 100.8
2009-10 95.7
2009-09 93.0
2009-08 90.0
2009-07 89.7
2009-06 80.3
2009-05 81.9
2009-04 73.9
2009-03 88.1
2009-02 76.2
2009-01 76.1
2008-12 73.6
2008-11 87.7
2008-10 78.5
2008-09 101.3
2008-08 92.3
2008-07 94.8
2008-06 100.9
2008-05 105.9
2008-04 103.8
2008-03 113.9
2008-02 111.0
2008-01 110.9
2007-12 117.1
2007-11 112.4
2007-10 112.5
2007-09 110.5
2007-08 116.0
2007-07 119.2
2007-06 123.0
2007-05 116.4
2007-04 115.3
2007-03 113.0
2007-02 115.7
2007-01 109.4
2006-12 110.0
2006-11 112.8
2006-10 111.9
2006-09 110.7
2006-08 110.4
2006-07 108.4
2006-06 108.5
2006-05 105.6
2006-04 105.0
2006-03 103.1
2006-02 104.8
2006-01 104.2
2005-12 106.5
2005-11 100.3
2005-10 104.4
2005-09 102.4
2005-08 100.0
2005-07 96.7
2005-06 99.2
2005-05 102.0
2005-04 104.7
2005-03 105.4
2005-02 104.7
2005-01 106.5

Composite indicator

  • Source: INSEE.

The balance of opinion on ordering intentions has retreated

In November 2025, the balance of opinion related to ordering intentions has fallen back and has moved away from its long-term average. The balance related to the general business outlook has increased again and has returned to its own. The balance related to past sales has rebounded strongly and has also moved back to its long-term average. The balance related to expected sales has increased again and has moved closer to its own.

The balance associated with the current level of stocks has risen slightly again and has moved further away from its long-term average.

The balance of opinion on expected selling prices has clearly rebounded and has moved away from its average. The bimonthly balance related to past selling prices has rebounded and has moved further away from its own.

The balance of opinion on expected workforce size has rebounded strongly and has moved closer to its long-term average; the one related to past workforce size has increased again but remains below its own.

The bimonthly balance related to the cash position remains stable, below its long-term average.

Lastly, the balance on felt economic uncertainty has slightly fallen back, below its 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.)
Ave. (1) Aug. 25 Sept. 25 Oct. 25 Nov. 25
Business climate 100 93 92 99 97
General business outlook -27 -31 -36 -30 -27
Recent sales -9 -5 -15 -17 -9
Expected sales -4 -14 -17 -12 -10
Ordering intentions -9 -18 -17 -9 -13
Stocks 10 13 16 17 18
Past selling prices (2) -3 - 0 - 3
Expected selling prices 0 5 6 0 7
Cash position (2) -15 - -22 - -22
Past workforce size -1 -9 -14 -10 -8
Expected workforce size -4 -13 -12 -14 -9
Economic uncertainty felt (3) 37 27 36 37 35
  • (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
2025-11 -13.4 -9.3
2025-10 -9.3 -17.1
2025-09 -16.9 -14.7
2025-08 -18.2 -4.7
2025-07 -11.1 -16.5
2025-06 -9.8 -14.4
2025-05 -11.1 -17.0
2025-04 -10.2 -21.6
2025-03 -7.1 -15.5
2025-02 -10.0 -19.4
2025-01 -12.8 -5.9
2024-12 -9.6 -13.0
2024-11 -11.6 -8.6
2024-10 -10.3 -13.2
2024-09 -12.1 -11.3
2024-08 -11.2 -15.4
2024-07 -15.8 -17.8
2024-06 -9.1 -14.1
2024-05 -9.2 -11.0
2024-04 -7.2 -5.7
2024-03 -7.9 -9.3
2024-02 -7.8 -13.2
2024-01 -5.8 1.2
2023-12 -11.2 -11.1
2023-11 -13.7 -13.7
2023-10 -13.0 -6.0
2023-09 -9.0 -1.9
2023-08 -9.9 4.3
2023-07 -8.8 -2.5
2023-06 -10.7 -8.2
2023-05 -14.3 -7.3
2023-04 -9.4 -2.0
2023-03 -13.9 -3.1
2023-02 -8.5 -1.7
2023-01 -10.5 6.5
2022-12 -8.5 -0.7
2022-11 -14.5 0.7
2022-10 -10.0 -3.8
2022-09 -14.9 -7.2
2022-08 -9.6 -13.0
2022-07 -11.4 -19.7
2022-06 -14.2 -15.1
2022-05 -12.8 -13.1
2022-04 -16.7 -18.0
2022-03 -4.1 -9.9
2022-02 -1.2 -7.5
2022-01 -1.9 -4.7
2021-12 -0.7 -5.4
2021-11 -0.5 -12.7
2021-10 -5.6 -18.6
2021-09 -2.5 -13.8
2021-08 0.9 10.0
2021-07 2.0 1.7
2021-06 0.6 1.8
2021-05 -4.6 -9.3
2021-04 -12.2 -7.3
2021-03 -7.0 -14.9
2021-02 -13.8 -14.2
2021-01 -11.2 -5.6
2020-12 -10.3 -20.8
2020-11 -36.9 7.8
2020-10 -0.9 -2.9
2020-09 -6.2 4.4
2020-08 -6.6 -10.0
2020-07 -8.7 -42.4
2020-06 -13.4 -47.4
2020-05 -45.0 -56.3
2020-04 -54.4 -3.8
2020-03 -10.8 -1.8
2020-02 0.8 1.2
2020-01 -1.3 11.3
2019-12 1.2 -1.5
2019-11 -1.0 -6.2
2019-10 -4.0 -6.8
2019-09 -3.4 -1.4
2019-08 -12.0 -5.0
2019-07 -4.2 -3.0
2019-06 -7.1 -7.2
2019-05 -3.2 -9.0
2019-04 3.1 -12.8
2019-03 -1.5 -16.6
2019-02 -4.6 -10.3
2019-01 -5.3 -9.0
2018-12 -5.2 -7.4
2018-11 -0.4 -5.9
2018-10 -2.9 -6.5
2018-09 2.3 2.4
2018-08 8.9 2.0
2018-07 5.1 0.0
2018-06 5.7 -6.0
2018-05 5.1 -5.0
2018-04 4.9 -7.9
2018-03 3.1 -5.7
2018-02 5.4 6.1
2018-01 6.8 3.3
2017-12 5.4 0.8
2017-11 8.1 -6.2
2017-10 9.0 -1.4
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 business climate has clearly increased again in retail trade (excluding motor vehicles), and has retreated sharply in trade and repair of motor vehicles

In November 2025, the business climate has clearly increased again in retail trade (excluding motor vehicles) and has moved back above its long-term average. The balances related to ordering intentions and to the general business outlook have increased again; the former has returned to its long-term average and the latter has moved above it. The balance related to past sales has rebounded strongly and has moved away from its average, while the one related to expected sales has increased again and has moved closer to it.

In trade and repair of motor vehicles, the business climate has dropped again. At 92, it has lost eight points and has returned almost to its September level. The balance related to ordering intentions has fallen back very sharply, just below its September level. The balance related to the general business outlook has clearly fallen back. The balance related to past sales has strongly rebounded but remains below its long-term average; the one related to expected sales has sharply fallen back and has moved further away from its own.

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
2025-11 91.8 101.6
2025-10 99.7 97.1
2025-09 90.9 94.3
2025-08 87.7 99.1
2025-07 88.6 106.7
2025-06 91.3 106.5
2025-05 90.9 104.3
2025-04 94.0 101.0
2025-03 96.0 106.0
2025-02 94.4 102.0
2025-01 96.0 99.7
2024-12 94.1 103.9
2024-11 96.0 101.8
2024-10 99.8 99.2
2024-09 98.4 99.3
2024-08 96.0 100.5
2024-07 93.3 95.8
2024-06 99.8 101.3
2024-05 99.7 102.7
2024-04 100.0 105.8
2024-03 101.0 102.7
2024-02 99.9 102.9
2024-01 99.3 109.9
2023-12 100.5 99.9
2023-11 102.2 94.6
2023-10 99.5 97.7
2023-09 100.6 103.5
2023-08 100.0 105.8
2023-07 101.1 105.3
2023-06 95.8 104.9
2023-05 99.1 97.0
2023-04 98.4 103.9
2023-03 98.6 96.9
2023-02 102.5 100.9
2023-01 102.3 99.2
2022-12 105.6 96.8
2022-11 100.1 94.1
2022-10 99.4 98.8
2022-09 99.1 92.2
2022-08 97.6 99.6
2022-07 98.3 95.2
2022-06 93.7 95.9
2022-05 91.0 100.0
2022-04 89.1 95.5
2022-03 100.8 102.7
2022-02 105.9 109.2
2022-01 104.4 108.6
2021-12 103.4 112.6
2021-11 100.5 115.4
2021-10 100.8 109.6
2021-09 104.0 111.1
2021-08 107.4 114.2
2021-07 108.6 118.3
2021-06 115.2 116.1
2021-05 107.3 109.9
2021-04 100.1 92.9
2021-03 98.8 100.3
2021-02 90.6 95.8
2021-01 96.9 96.2
2020-12 100.8 93.9
2020-11 79.7 72.2
2020-10 106.3 102.3
2020-09 107.2 97.7
2020-08 104.6 95.8
2020-07 101.0 88.9
2020-06 90.9 91.0
2020-05 59.5 69.9
2020-04 56.4 67.4
2020-03 100.0 96.1
2020-02 110.5 109.3
2020-01 113.1 106.3
2019-12 109.9 110.3
2019-11 108.9 108.0
2019-10 110.1 103.6
2019-09 109.5 105.9
2019-08 108.5 95.5
2019-07 106.3 106.0
2019-06 108.8 100.3
2019-05 108.8 103.9
2019-04 107.7 111.9
2019-03 108.2 104.0
2019-02 106.9 101.2
2019-01 106.1 99.7
2018-12 108.1 95.6
2018-11 111.6 104.0
2018-10 111.9 102.9
2018-09 112.2 110.1
2018-08 112.3 119.0
2018-07 112.4 114.8
2018-06 113.6 114.2
2018-05 115.7 112.5
2018-04 116.5 111.6
2018-03 116.3 110.9
2018-02 120.7 112.2
2018-01 119.6 115.0
2017-12 116.9 115.5
2017-11 117.9 115.7
2017-10 116.9 117.9
2017-09 115.2 111.4
2017-08 109.8 110.6
2017-07 110.8 111.1
2017-06 109.1 110.4
2017-05 108.1 105.9
2017-04 110.0 102.8
2017-03 110.6 107.2
2017-02 107.2 110.2
2017-01 106.3 113.5
2016-12 107.7 110.5
2016-11 106.8 99.8
2016-10 106.7 98.5
2016-09 105.5 101.9
2016-08 109.8 102.5
2016-07 111.4 100.7
2016-06 111.2 101.8
2016-05 108.8 106.1
2016-04 109.0 99.2
2016-03 109.8 103.0
2016-02 109.8 98.9
2016-01 109.6 100.8
2015-12 109.9 98.4
2015-11 110.5 104.7
2015-10 108.1 110.8
2015-09 109.1 105.7
2015-08 109.8 108.1
2015-07 105.6 103.1
2015-06 111.8 103.0
2015-05 110.7 102.0
2015-04 109.6 103.7
2015-03 107.4 102.6
2015-02 105.6 104.4
2015-01 107.2 98.8
2014-12 103.4 90.7
2014-11 100.6 90.6
2014-10 96.1 87.1
2014-09 92.3 87.2
2014-08 98.3 86.6
2014-07 100.8 96.4
2014-06 97.9 93.7
2014-05 100.6 94.8
2014-04 99.8 95.9
2014-03 99.5 95.0
2014-02 96.4 95.1
2014-01 98.2 94.7
2013-12 96.0 93.3
2013-11 96.4 93.1
2013-10 98.4 93.9
2013-09 98.6 100.7
2013-08 93.8 94.9
2013-07 92.8 81.2
2013-06 90.4 84.9
2013-05 88.3 82.8
2013-04 85.8 86.7
2013-03 86.1 90.4
2013-02 90.3 92.4
2013-01 83.5 85.5
2012-12 85.0 92.7
2012-11 84.4 92.3
2012-10 74.5 97.5
2012-09 82.3 89.1
2012-08 88.0 96.1
2012-07 82.4 98.1
2012-06 86.3 99.9
2012-05 90.0 93.2
2012-04 93.3 97.6
2012-03 88.1 96.6
2012-02 90.6 92.9
2012-01 84.5 91.5
2011-12 94.9 92.3
2011-11 93.1 96.3
2011-10 97.5 92.8
2011-09 93.6 94.8
2011-08 98.1 98.2
2011-07 101.2 99.2
2011-06 99.8 102.1
2011-05 99.4 106.7
2011-04 100.5 105.8
2011-03 102.0 105.6
2011-02 104.1 109.9
2011-01 104.5 110.6
2010-12 103.7 112.6
2010-11 103.2 105.9
2010-10 102.7 113.3
2010-09 101.3 110.1
2010-08 98.6 113.6
2010-07 97.7 103.7
2010-06 96.8 107.0
2010-05 95.4 107.6
2010-04 99.2 108.4
2010-03 93.1 102.0
2010-02 97.6 101.7
2010-01 101.2 97.1
2009-12 94.6 99.8
2009-11 99.8 101.8
2009-10 94.0 97.7
2009-09 94.7 92.9
2009-08 95.6 87.7
2009-07 90.9 90.2
2009-06 86.6 79.3
2009-05 95.6 75.6
2009-04 77.0 76.9
2009-03 94.8 84.7
2009-02 75.6 81.1
2009-01 74.4 81.8
2008-12 72.1 79.7
2008-11 87.8 89.2
2008-10 78.5 81.7
2008-09 101.3 99.8
2008-08 90.6 94.9
2008-07 93.5 96.4
2008-06 97.8 102.1
2008-05 105.7 104.3
2008-04 98.0 107.5
2008-03 110.4 113.0
2008-02 103.7 114.0
2008-01 104.9 113.7
2007-12 108.5 120.0
2007-11 112.0 110.6
2007-10 111.4 110.6
2007-09 110.8 108.6
2007-08 110.4 117.0
2007-07 109.7 122.5
2007-06 118.2 121.7
2007-05 106.8 119.9
2007-04 110.1 115.8
2007-03 107.7 113.8
2007-02 112.6 113.9
2007-01 108.1 108.0
2006-12 104.6 111.6
2006-11 106.5 114.9
2006-10 104.0 115.8
2006-09 104.9 112.9
2006-08 107.0 110.7
2006-07 108.8 106.4
2006-06 109.3 106.0
2006-05 104.5 105.5
2006-04 105.5 103.6
2006-03 104.1 101.5
2006-02 106.4 102.4
2006-01 103.1 103.9
2005-12 103.6 106.3
2005-11 97.8 101.5
2005-10 102.6 103.4
2005-09 100.9 101.5
2005-08 101.4 97.9
2005-07 101.7 93.3
2005-06 99.0 99.0
2005-05 104.7 99.1
2005-04 101.1 106.2
2005-03 100.7 107.6
2005-02 100.8 106.9
2005-01 102.6 108.6

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

  • Source: INSEE.

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) Aug. 25 Sept. 25 Oct. 25 Nov. 25
Retail trade
Business climate 100 99 94 97 102
General business outlook -28 -30 -35 -31 -26
Recent sales -8 7 -5 -8 -2
Expected sales -2 -7 -12 -12 -5
Ordering intentions -8 -11 -14 -11 -8
Past workforce size -1 -11 -18 -14 -9
Expected workforce size -4 -16 -16 -16 -10
Trade and repair of motor vehicles
Business climate 100 88 91 100 92
General business outlook -26 -36 -39 -27 -32
Recent sales -10 -27 -33 -34 -23
Expected sales -9 -28 -26 -11 -20
Ordering intentions -11 -31 -22 -6 -24
Past workforce size -7 -1 1 5 -4
Expected workforce size -5 -2 1 -8 -5
  • (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).
  • Source: INSEE - monthly survey in retail trade and in trade and repair of motor vehicles.

Revisions

The business climate for October 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 28 October and 18 November 2025; most companies answer during the first two weeks of collection.

Next issue: 18 December 2025 at 8:45 am.

Pour en savoir plus

: bureau-de-presse@insee.fr