Insee
Informations Rapides · 22 May 2026 · n° 125
Informations rapidesIn May 2026, the business climate in retail trade and in trade and repair of motor vehicles has continued to plunge Monthly survey of retailing - May 2026

In May 2026, the business climate has sharply deteriorated again in the whole sector comprising retail trade and trade and repair of motor vehicles. At 89, the synthetic indicator has lost five points, has moved further away from its long-term average (100), and has reached a level unobserved since September 2014 (excluding the health crisis). This deterioration mainly results from the further marked decline in the balance related to ordering intentions.

Informations rapides
No 125
Paru le :Paru le22/05/2026
Prochaine parution le : 23/06/2026 at 08:45 - June 2026

In May 2026, the business climate has sharply deteriorated again in the whole sector comprising retail trade and trade and repair of motor vehicles. At 89, the synthetic indicator has lost five points, has moved further away from its long-term average (100), and has reached a level unobserved since September 2014 (excluding the health crisis). This deterioration mainly results from the further marked decline in the balance related to ordering intentions.

Composite indicator

Composite indicator
Business climate synthetic indicator
2026-05 89.5
2026-04 94.0
2026-03 99.9
2026-02 97.9
2026-01 99.3
2025-12 104.3
2025-11 96.6
2025-10 98.8
2025-09 92.0
2025-08 92.7
2025-07 98.6
2025-06 99.5
2025-05 98.1
2025-04 97.9
2025-03 101.8
2025-02 98.6
2025-01 97.7
2024-12 99.5
2024-11 98.9
2024-10 99.5
2024-09 98.5
2024-08 98.2
2024-07 93.7
2024-06 100.6
2024-05 101.3
2024-04 103.5
2024-03 102.1
2024-02 101.8
2024-01 105.7
2023-12 99.9
2023-11 97.3
2023-10 97.8
2023-09 102.3
2023-08 103.3
2023-07 103.6
2023-06 100.6
2023-05 97.3
2023-04 101.6
2023-03 97.2
2023-02 102.0
2023-01 100.6
2022-12 101.3
2022-11 96.3
2022-10 99.3
2022-09 94.8
2022-08 99.2
2022-07 96.6
2022-06 94.5
2022-05 95.9
2022-04 91.7
2022-03 102.9
2022-02 109.2
2022-01 108.2
2021-12 109.9
2021-11 110.5
2021-10 106.3
2021-09 109.1
2021-08 112.8
2021-07 115.7
2021-06 116.8
2021-05 109.5
2021-04 96.1
2021-03 100.6
2021-02 93.1
2021-01 96.7
2020-12 97.3
2020-11 71.1
2020-10 105.4
2020-09 102.6
2020-08 100.4
2020-07 95.6
2020-06 91.2
2020-05 60.2
2020-04 55.4
2020-03 97.5
2020-02 111.3
2020-01 110.4
2019-12 111.6
2019-11 109.6
2019-10 107.3
2019-09 108.4
2019-08 100.9
2019-07 106.9
2019-06 104.5
2019-05 107.0
2019-04 111.8
2019-03 107.0
2019-02 104.5
2019-01 103.3
2018-12 101.7
2018-11 108.6
2018-10 107.7
2018-09 112.5
2018-08 118.5
2018-07 115.6
2018-06 115.7
2018-05 116.0
2018-04 115.7
2018-03 114.8
2018-02 118.0
2018-01 119.2
2017-12 117.7
2017-11 118.6
2017-10 119.7
2017-09 114.5
2017-08 111.3
2017-07 112.0
2017-06 111.0
2017-05 107.7
2017-04 106.6
2017-03 110.0
2017-02 110.2
2017-01 112.0
2016-12 110.5
2016-11 102.5
2016-10 101.9
2016-09 103.8
2016-08 106.0
2016-07 105.3
2016-06 106.1
2016-05 107.7
2016-04 103.0
2016-03 106.4
2016-02 103.5
2016-01 104.7
2015-12 103.5
2015-11 107.7
2015-10 111.0
2015-09 108.0
2015-08 109.6
2015-07 104.3
2015-06 107.5
2015-05 106.1
2015-04 106.8
2015-03 105.4
2015-02 106.0
2015-01 102.7
2014-12 95.5
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 83.8
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
2011-05 103.8
2011-04 103.7
2011-03 104.4
2011-02 108.3
2011-01 108.9
2010-12 109.8
2010-11 105.5
2010-10 110.4
2010-09 107.7
2010-08 108.5
2010-07 101.4
2010-06 103.7
2010-05 102.8
2010-04 105.2
2010-03 98.4
2010-02 99.7
2010-01 98.0
2009-12 97.1
2009-11 100.9
2009-10 95.7
2009-09 93.0
2009-08 90.0
2009-07 89.7
2009-06 80.3
2009-05 81.8
2009-04 73.8
2009-03 88.1
2009-02 76.1
2009-01 76.1
2008-12 73.5
2008-11 87.7
2008-10 78.4
2008-09 101.3
2008-08 92.3
2008-07 94.8
2008-06 100.9
2008-05 106.0
2008-04 103.8
2008-03 114.0
2008-02 111.1
2008-01 111.0
2007-12 117.2
2007-11 112.5
2007-10 112.6
2007-09 110.6
2007-08 116.1
2007-07 119.3
2007-06 123.2
2007-05 116.5
2007-04 115.4
2007-03 113.1
2007-02 115.8
2007-01 109.5
2006-12 110.1
2006-11 112.9
2006-10 112.0
2006-09 110.8
2006-08 110.4
2006-07 108.5
2006-06 108.6
2006-05 105.7
2006-04 105.0
2006-03 103.1
2006-02 104.8
2006-01 104.2

Composite indicator

  • Source: INSEE.

The balance of opinion related to ordering intentions has sharply deteriorated again

In May 2026, the balance of opinion related to ordering intentions has deteriorated again and has moved further away from its long-term average; it has reached a level unobserved since June 2013, excluding the health crisis. The balance related to the general business outlook has decreased for the third month in a row and has also moved away from its average; it has reached a level unobserved since October 2014, excluding the health crisis. Conversely, the balance related to past sales has rebounded, while remaining below its average. The one related to expected sales is virtually stable and remains below its average level since April 2024.

The balance of opinion related to the current level of stocks has sharply increased and has moved back above its average.

The balance on expected selling prices has continued to rise; it has reached a level unobserved since June 2023, well above its average. The bi-monthly one on past selling prices is stable, above its average.

The bi-monthly balance related to cash position has sharply decreased and has moved away from its average since January 2023.

The balance related to expected workforce size is stable, at its average level, while the one related to past workforce size has increased again and has returned to its own.

Lastly, the balance on felt economic uncertainty has decreased, 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) Feb. 26 Mar. 26 Apr. 26 May 26
Business climate 100 98 100 94 89
General business outlook -27 -23 -28 -39 -41
Recent sales -9 -15 -19 -22 -17
Expected sales -4 -9 -11 -13 -14
Ordering intentions -9 -12 -8 -13 -19
Stocks 10 13 9 9 16
Past selling prices (2) -3 7 7
Expected selling prices 0 4 5 11 15
Cash position (2) -15 -22 -27
Past workforce size -1 -5 -9 -6 -1
Expected workforce size -4 -11 -7 -4 -4
Economic uncertainty felt (3) 36 33 33 34 29
  • (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
2026-05 -18.7 -16.9
2026-04 -12.9 -21.9
2026-03 -8.1 -19.0
2026-02 -12.2 -14.5
2026-01 -10.4 -12.5
2025-12 -3.9 -15.1
2025-11 -13.5 -9.2
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

Recent sales and ordering intentions

  • Source: INSEE.

Expected selling prices

Expected selling prices
Expected prices
2026-05 14.5
2026-04 11.2
2026-03 4.6
2026-02 4.1
2026-01 0.2
2025-12 2.4
2025-11 6.6
2025-10 0.2
2025-09 5.6
2025-08 4.8
2025-07 3.9
2025-06 3.2
2025-05 4.0
2025-04 4.7
2025-03 3.4
2025-02 -0.7
2025-01 0.0
2024-12 -3.4
2024-11 0.3
2024-10 0.0
2024-09 -0.3
2024-08 -1.5
2024-07 2.4
2024-06 0.7
2024-05 2.4
2024-04 0.2
2024-03 4.6
2024-02 7.5
2024-01 2.0
2023-12 8.9
2023-11 8.3
2023-10 12.7
2023-09 12.2
2023-08 13.1
2023-07 14.0
2023-06 17.7
2023-05 26.5
2023-04 37.9
2023-03 47.1
2023-02 44.7
2023-01 39.5
2022-12 36.7
2022-11 38.7
2022-10 44.0
2022-09 38.4
2022-08 41.3
2022-07 40.2
2022-06 40.6
2022-05 42.6
2022-04 37.6
2022-03 37.9
2022-02 36.0
2022-01 25.0
2021-12 25.2
2021-11 28.0
2021-10 23.6
2021-09 13.9
2021-08 14.7
2021-07 14.5
2021-06 10.4
2021-05 5.2
2021-04 2.5
2021-03 3.1
2021-02 -0.2
2021-01 0.6
2020-12 -2.8
2020-11 -3.0
2020-10 3.4
2020-09 0.0
2020-08 0.9
2020-07 -1.7
2020-06 -3.7
2020-05 -6.9
2020-04 -6.5
2020-03 -0.9
2020-02 1.9
2020-01 -0.4
2019-12 3.1
2019-11 2.1
2019-10 3.8
2019-09 1.4
2019-08 -0.3
2019-07 0.0
2019-06 -1.8
2019-05 1.6
2019-04 4.0
2019-03 2.5
2019-02 1.6
2019-01 -2.3
2018-12 5.4
2018-11 0.4
2018-10 0.9
2018-09 0.5
2018-08 -0.8
2018-07 1.6
2018-06 -2.3
2018-05 -0.8
2018-04 -1.5
2018-03 -2.7
2018-02 2.2
2018-01 -2.9
2017-12 -1.5
2017-11 1.6
2017-10 3.7
2017-09 -2.0
2017-08 -0.4
2017-07 -2.5
2017-06 -2.1
2017-05 -7.4
2017-04 -4.2
2017-03 -1.1
2017-02 -4.1
2017-01 0.2
2016-12 -0.7
2016-11 -1.2
2016-10 -7.3
2016-09 -6.5
2016-08 -4.2
2016-07 -4.5
2016-06 -7.6
2016-05 -4.7
2016-04 -6.4
2016-03 -5.1
2016-02 -6.6
2016-01 -8.3
2015-12 -7.5
2015-11 -2.8
2015-10 -3.0
2015-09 -7.2
2015-08 -7.8
2015-07 -5.6
2015-06 -3.1
2015-05 -7.4
2015-04 -5.3
2015-03 -9.3
2015-02 -10.0
2015-01 -11.7
2014-12 -11.4
2014-11 -11.8
2014-10 -13.8
2014-09 -14.0
2014-08 -12.2
2014-07 -9.7
2014-06 -13.9
2014-05 -14.2
2014-04 -16.4
2014-03 -12.7
2014-02 -10.3
2014-01 -2.4
2013-12 -1.0
2013-11 -3.6
2013-10 -2.9
2013-09 -0.5
2013-08 -3.5
2013-07 -1.6
2013-06 -6.9
2013-05 -0.7
2013-04 -13.8
2013-03 -1.6
2013-02 -8.2
2013-01 -6.3
2012-12 -1.6
2012-11 -5.0
2012-10 -4.8
2012-09 -0.9
2012-08 -3.6
2012-07 -1.8
2012-06 -2.0
2012-05 -1.6
2012-04 -1.2
2012-03 3.7
2012-02 3.7
2012-01 5.1
2011-12 7.1
2011-11 4.8
2011-10 3.3
2011-09 3.3
2011-08 5.2
2011-07 4.8
2011-06 5.2
2011-05 9.7
2011-04 9.0
2011-03 7.6
2011-02 5.8
2011-01 2.5
2010-12 -1.4
2010-11 -0.2
2010-10 0.8
2010-09 -1.7
2010-08 -5.0
2010-07 -3.6
2010-06 -0.8
2010-05 -3.4
2010-04 -4.2
2010-03 -4.3
2010-02 -5.0
2010-01 -5.7
2009-12 -5.7
2009-11 -9.3
2009-10 -8.0
2009-09 -4.9
2009-08 -11.4
2009-07 -5.7
2009-06 -16.4
2009-05 -17.4
2009-04 -18.3
2009-03 -30.6
2009-02 -17.4
2009-01 -17.8
2008-12 -20.4
2008-11 -26.8
2008-10 -6.3
2008-09 -15.4
2008-08 4.6
2008-07 6.0
2008-06 3.8
2008-05 1.9
2008-04 1.5
2008-03 8.1
2008-02 1.5
2008-01 5.4
2007-12 3.1
2007-11 14.5
2007-10 0.0
2007-09 7.8
2007-08 0.7
2007-07 -6.0
2007-06 -5.0
2007-05 -1.7
2007-04 -8.9
2007-03 -5.8
2007-02 -1.7
2007-01 -6.2

Expected selling prices

  • Source: INSEE.

Workforce size

Workforce size
Past workforce size Expected workforce size
2026-05 -1.3 -4.4
2026-04 -6.2 -4.0
2026-03 -9.1 -6.9
2026-02 -4.7 -11.2
2026-01 -10.2 -10.9
2025-12 -10.3 -8.7
2025-11 -8.2 -8.8
2025-10 -9.9 -14.1
2025-09 -13.9 -12.1
2025-08 -9.0 -12.8
2025-07 -12.5 -5.9
2025-06 -12.8 -6.4
2025-05 -10.5 -5.0
2025-04 -10.9 -12.0
2025-03 -8.0 -11.3
2025-02 -6.8 -8.6
2025-01 -7.4 -11.1
2024-12 -5.6 -12.6
2024-11 -3.9 -10.0
2024-10 -4.5 -8.0
2024-09 -7.0 -6.8
2024-08 -7.4 -7.0
2024-07 -7.3 -8.8
2024-06 -8.2 -7.5
2024-05 -6.0 -8.0
2024-04 -11.1 -3.8
2024-03 -6.6 -7.2
2024-02 -10.6 -8.0
2024-01 -6.1 -8.4
2023-12 -8.6 -5.8
2023-11 -12.5 -11.5
2023-10 -9.2 -10.2
2023-09 -7.8 -9.3
2023-08 -6.5 -8.4
2023-07 -5.5 -5.6
2023-06 -9.2 -7.2
2023-05 -11.2 -9.1
2023-04 -7.2 -7.8
2023-03 -7.7 -8.6
2023-02 -6.0 -6.7
2023-01 -5.4 -7.6
2022-12 -4.8 -9.9
2022-11 -7.0 -8.9
2022-10 -9.6 -7.9
2022-09 -5.1 -6.2
2022-08 -8.3 -5.5
2022-07 -8.9 -12.8
2022-06 -7.3 -9.1
2022-05 -8.5 -5.2
2022-04 -6.7 -7.1
2022-03 -1.1 -7.6
2022-02 -4.9 -6.1
2022-01 -8.3 -6.1
2021-12 -5.0 -5.1
2021-11 -6.1 -4.7
2021-10 -6.2 -5.9
2021-09 -5.7 -9.7
2021-08 -8.9 -6.4
2021-07 -7.4 -6.0
2021-06 -11.5 -6.1
2021-05 -11.5 -9.4
2021-04 -10.7 -12.6
2021-03 -13.7 -8.3
2021-02 -17.8 -12.8
2021-01 -8.0 -5.6
2020-12 -16.7 -13.8
2020-11 -11.4 -27.3
2020-10 -14.7 -12.4
2020-09 -16.6 -11.0
2020-08 -17.0 -9.7
2020-07 -21.9 -16.5
2020-06 -24.3 -21.5
2020-05 -20.1 -33.1
2020-04 -16.6 -34.9
2020-03 -11.7 -15.5
2020-02 -4.0 -10.3
2020-01 -7.1 -7.5
2019-12 -3.4 -6.9
2019-11 -7.2 -10.9
2019-10 -4.8 -7.6
2019-09 -11.8 -6.5
2019-08 -12.1 -10.0
2019-07 -2.0 -4.2
2019-06 -3.1 -3.4
2019-05 -3.5 -0.8
2019-04 -4.6 -0.7
2019-03 -5.2 -3.8
2019-02 -1.1 -5.0
2019-01 -2.5 -4.9
2018-12 -0.9 -4.1
2018-11 0.8 -1.4
2018-10 -0.5 -2.9
2018-09 -0.1 -1.5
2018-08 4.9 -2.7
2018-07 3.3 3.9
2018-06 4.0 2.0
2018-05 5.1 -0.5
2018-04 3.9 0.8
2018-03 4.4 0.4
2018-02 4.8 1.1
2018-01 4.8 -1.6
2017-12 0.1 0.4
2017-11 4.5 -1.1
2017-10 2.4 -1.8
2017-09 2.4 -2.1
2017-08 2.7 -1.3
2017-07 0.6 -2.3
2017-06 3.7 -0.7
2017-05 0.9 -2.5
2017-04 0.2 -4.4
2017-03 -0.1 -0.4
2017-02 -3.5 -2.8
2017-01 -0.8 -4.9
2016-12 -1.8 -3.6
2016-11 -4.9 -5.3
2016-10 -3.7 -3.2
2016-09 -0.1 -5.8
2016-08 -1.6 -2.9
2016-07 -3.7 -2.9
2016-06 -1.1 -5.8
2016-05 -2.9 -5.1
2016-04 -4.4 -4.9
2016-03 -5.1 -6.9
2016-02 -3.8 -6.1
2016-01 -3.0 -3.9
2015-12 -3.7 -5.9
2015-11 -5.1 -7.8
2015-10 -1.9 -2.3
2015-09 -2.4 -3.7
2015-08 -5.1 -4.3
2015-07 -1.5 -4.8
2015-06 -1.2 -6.1
2015-05 -1.0 -6.1
2015-04 -2.1 -7.4
2015-03 -7.3 -4.7
2015-02 -2.1 -5.8
2015-01 -5.7 -8.2
2014-12 -4.3 -8.4
2014-11 -5.0 -9.2
2014-10 -3.3 -11.3
2014-09 -2.1 -11.0
2014-08 -2.8 -9.3
2014-07 -0.8 -7.1
2014-06 -2.6 -7.5
2014-05 -2.5 -4.9
2014-04 -2.5 -3.8
2014-03 -6.5 -6.6
2014-02 -4.5 -7.8
2014-01 -4.9 -7.3
2013-12 -5.3 -7.2
2013-11 -8.0 -11.9
2013-10 -7.9 -5.2
2013-09 -8.8 -6.1
2013-08 -7.2 -7.2
2013-07 -10.4 -11.6
2013-06 -8.9 -12.3
2013-05 -10.4 -11.3
2013-04 -9.5 -12.0
2013-03 -7.8 -12.3
2013-02 -9.4 -10.0
2013-01 -9.1 -9.7
2012-12 -6.7 -12.4
2012-11 -6.0 -8.0
2012-10 -7.3 -5.8
2012-09 -6.6 -9.2
2012-08 -6.3 -8.9
2012-07 -6.9 -13.3
2012-06 -6.5 -8.0
2012-05 -9.5 -10.3
2012-04 -5.6 -6.9
2012-03 -3.9 -7.4
2012-02 -7.1 -10.5
2012-01 -10.6 -7.5
2011-12 -7.3 -4.4
2011-11 -3.8 -6.5
2011-10 -4.0 -6.9
2011-09 0.0 -7.7
2011-08 -3.7 -4.9
2011-07 -1.4 -4.7
2011-06 -1.8 -5.8
2011-05 -0.8 -4.3
2011-04 -2.7 -4.7
2011-03 -2.6 -3.9
2011-02 -2.1 -2.7
2011-01 -2.4 -3.2

Workforce size

  • Source: INSEE.

The business climate has sharply declined again in retail trade (excluding motor vehicles)

In May 2026, the business climate in retail trade, excluding motor vehicles, has lost five points and stands at 91, well below its average level (100). It has reached a level unobserved since December 2014, excluding the health crisis. The balance of opinion related to ordering intentions has sharply decreased and has moved further away from its average. The balances related to the general business outlook and past sales are virtually stable, below their respective averages. The balance on expected prices has sharply increased for the fourth month in a row and has reached its highest level since October 2023.

In trade and repair of motor vehicles, the business climate has lost one point. At 91, it stands below its average since July 2024. The balances of opinion related to ordering intentions and to the general business outlook have sharply decreased again and have moved further away from their average; the latter has reached a level unobserved since June 2013. Conversely, the balances related to past and expected sales have rebounded, while remaining well below their average.

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

Business climate synthetic indicator in retail trade (excluding motor vehicles) and in trade and repair of motor vehicles
Trade and repair of motor vehicles Retail trade (excluding motor vehicles)
2026-05 91.0 90.6
2026-04 92.3 96.0
2026-03 97.4 101.3
2026-02 96.3 99.6
2026-01 97.1 101.1
2025-12 99.1 106.8
2025-11 91.7 101.6
2025-10 99.8 97.1
2025-09 90.9 94.3
2025-08 87.7 99.1
2025-07 88.6 106.8
2025-06 91.3 106.6
2025-05 90.9 104.3
2025-04 94.1 101.0
2025-03 96.1 106.0
2025-02 94.5 102.0
2025-01 96.1 99.7
2024-12 94.1 104.0
2024-11 96.1 101.8
2024-10 99.9 99.2
2024-09 98.5 99.3
2024-08 96.0 100.5
2024-07 93.3 95.8
2024-06 99.9 101.3
2024-05 99.8 102.8
2024-04 100.1 105.8
2024-03 101.1 102.7
2024-02 100.0 102.9
2024-01 99.4 110.0
2023-12 100.6 99.9
2023-11 102.3 94.6
2023-10 99.6 97.7
2023-09 100.7 103.6
2023-08 100.1 105.9
2023-07 101.2 105.4
2023-06 95.9 105.0
2023-05 99.1 97.0
2023-04 98.5 104.0
2023-03 98.7 96.9
2023-02 102.6 100.9
2023-01 102.4 99.2
2022-12 105.8 96.8
2022-11 100.2 94.1
2022-10 99.5 98.8
2022-09 99.2 92.1
2022-08 97.7 99.6
2022-07 98.4 95.2
2022-06 93.7 95.9
2022-05 91.0 100.0
2022-04 89.1 95.5
2022-03 101.0 102.7
2022-02 106.1 109.2
2022-01 104.5 108.6
2021-12 103.6 112.6
2021-11 100.6 115.5
2021-10 100.9 109.6
2021-09 104.1 111.2
2021-08 107.5 114.3
2021-07 108.8 118.4
2021-06 115.4 116.2
2021-05 107.4 110.0
2021-04 100.2 92.9
2021-03 98.9 100.3
2021-02 90.7 95.8
2021-01 97.0 96.2
2020-12 101.0 93.9
2020-11 79.6 72.1
2020-10 106.4 102.3
2020-09 107.4 97.7
2020-08 104.7 95.8
2020-07 101.1 88.9
2020-06 90.9 91.0
2020-05 59.3 69.7
2020-04 56.2 67.2
2020-03 100.1 96.1
2020-02 110.7 109.3
2020-01 113.3 106.3
2019-12 110.1 110.4
2019-11 109.1 108.0
2019-10 110.3 103.6
2019-09 109.7 106.0
2019-08 108.6 95.5
2019-07 106.4 106.0
2019-06 109.0 100.3
2019-05 109.0 103.9
2019-04 107.9 112.0
2019-03 108.4 104.0
2019-02 107.1 101.2
2019-01 106.2 99.7
2018-12 108.2 95.5
2018-11 111.7 104.0
2018-10 112.1 103.0
2018-09 112.4 110.2
2018-08 112.5 119.1
2018-07 112.6 114.9
2018-06 113.8 114.3
2018-05 115.9 112.6
2018-04 116.7 111.7
2018-03 116.5 110.9
2018-02 121.0 112.2
2018-01 119.9 115.0
2017-12 117.1 115.6
2017-11 118.1 115.8
2017-10 117.1 118.0
2017-09 115.4 111.5
2017-08 110.0 110.7
2017-07 111.0 111.2
2017-06 109.2 110.4
2017-05 108.3 105.9
2017-04 110.2 102.8
2017-03 110.7 107.3
2017-02 107.3 110.3
2017-01 106.4 113.6
2016-12 107.9 110.6
2016-11 106.9 99.9
2016-10 106.8 98.5
2016-09 105.7 101.9
2016-08 110.0 102.5
2016-07 111.6 100.8
2016-06 111.3 101.8
2016-05 109.0 106.2
2016-04 109.1 99.3
2016-03 109.9 103.0
2016-02 109.9 98.9
2016-01 109.7 100.9
2015-12 110.1 98.4
2015-11 110.7 104.7
2015-10 108.2 110.9
2015-09 109.2 105.8
2015-08 110.0 108.2
2015-07 105.7 103.2
2015-06 112.0 103.0
2015-05 110.9 102.0
2015-04 109.8 103.7
2015-03 107.6 102.7
2015-02 105.7 104.5
2015-01 107.3 98.8
2014-12 103.6 90.7
2014-11 100.7 90.6
2014-10 96.2 87.1
2014-09 92.3 87.1
2014-08 98.4 86.6
2014-07 100.9 96.4
2014-06 98.0 93.7
2014-05 100.7 94.8
2014-04 99.9 95.9
2014-03 99.6 95.0
2014-02 96.4 95.1
2014-01 98.3 94.7
2013-12 96.1 93.3
2013-11 96.4 93.0
2013-10 98.5 93.9
2013-09 98.7 100.7
2013-08 93.9 94.8
2013-07 92.8 81.1
2013-06 90.4 84.8
2013-05 88.3 82.7
2013-04 85.8 86.6
2013-03 86.1 90.4
2013-02 90.4 92.4
2013-01 83.5 85.4
2012-12 84.9 92.6
2012-11 84.3 92.2
2012-10 74.4 97.5
2012-09 82.3 89.0
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 90.7 92.8
2012-01 84.5 91.5
2011-12 95.0 92.3
2011-11 93.2 96.2
2011-10 97.6 92.8
2011-09 93.6 94.7
2011-08 98.2 98.2
2011-07 101.3 99.2
2011-06 99.9 102.2
2011-05 99.4 106.8
2011-04 100.6 105.9
2011-03 102.1 105.6
2011-02 104.2 109.9
2011-01 104.6 110.7
2010-12 103.8 112.7
2010-11 103.3 106.0
2010-10 102.8 113.4
2010-09 101.5 110.1
2010-08 98.7 113.6
2010-07 97.8 103.7
2010-06 96.9 107.1
2010-05 95.5 107.7
2010-04 99.3 108.5
2010-03 93.2 102.1
2010-02 97.7 101.8
2010-01 101.3 97.1
2009-12 94.7 99.9
2009-11 99.9 101.8
2009-10 94.0 97.7
2009-09 94.8 92.9
2009-08 95.6 87.6
2009-07 90.9 90.1
2009-06 86.6 79.2
2009-05 95.7 75.5
2009-04 77.0 76.8
2009-03 94.9 84.6
2009-02 75.5 81.0
2009-01 74.3 81.8
2008-12 72.0 79.6
2008-11 87.8 89.1
2008-10 78.4 81.6
2008-09 101.4 99.8
2008-08 90.6 94.9
2008-07 93.6 96.4
2008-06 97.9 102.2
2008-05 105.8 104.3
2008-04 98.1 107.6
2008-03 110.6 113.0
2008-02 103.8 114.1
2008-01 105.1 113.8
2007-12 108.7 120.1
2007-11 112.2 110.6
2007-10 111.6 110.7
2007-09 111.0 108.7
2007-08 110.6 117.1
2007-07 109.9 122.6
2007-06 118.5 121.8
2007-05 106.9 120.0
2007-04 110.3 115.9
2007-03 107.8 113.9
2007-02 112.8 114.0
2007-01 108.3 108.1
2006-12 104.8 111.7
2006-11 106.6 115.0
2006-10 104.1 115.9
2006-09 105.0 112.9
2006-08 107.1 110.8
2006-07 109.0 106.5
2006-06 109.4 106.1
2006-05 104.6 105.5
2006-04 105.6 103.6
2006-03 104.3 101.5
2006-02 106.6 102.4
2006-01 103.2 103.9

Business climate synthetic indicator in retail trade (excluding motor vehicles) 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) Feb. 26 Mar. 26 Apr. 26 May 26
Retail trade
Business climate 100 100 101 96 91
General business outlook -28 -22 -25 -38 -39
Recent sales -8 -10 -18 -17 -18
Expected sales -2 -2 -5 -8 -11
Ordering intentions -8 -10 -6 -10 -16
Past workforce size -1 -4 -9 -7 0
Expected workforce size -4 -14 -8 -4 -4
Trade and repair of motor vehicles
Business climate 100 96 97 92 91
General business outlook -26 -28 -36 -43 -48
Recent sales -10 -23 -20 -30 -16
Expected sales -9 -23 -22 -24 -20
Ordering intentions -11 -16 -12 -19 -24
Past workforce size -6 -6 -9 -3 -4
Expected workforce size -5 -1 -5 -5 -6
  • (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 April 2026 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 27 April and 19 May 2026; most companies answer during the first two weeks of collection.

Next issue: 23 June 2026 at 8:45 am.

Pour en savoir plus

: bureau-de-presse@insee.fr