Monthly survey on retail trade 2022Mar

Published on 19 April 2022

Turnover in retail trade rose slightly in March

Note: The trend in retail sales does not reflect that of total household consumption: the latter includes other items such as health care, education and rents.

In March, turnover in retail trade rose by 1.4% compared with February, adjusted for seasonal and working day variations, following an identical increase of 1.4% the previous month. Sales of food products declined by 1.4% month-on-month, while sales of manufactured goods were up 3.1%. There was a drop in sales of new cars (down 3.1%), sports equipment (down 3.0%), and books (down 2.8%). Conversely, sales of footwear (up 10.1%), electronic equipment (up 4.8%) and perfumes (up 3.7%) were robust.

Over the past three months, retail sales as a whole were stable (up 0.4%) compared with the previous three month period, reflecting a fall in food products of 1.7% and an increase in manufactured goods of 1.7%.
Total manufactured goods and food sales: M/M-1 change (%)
Month-on-month change; seasonally and working-day adjusted volume terms
Notes :
1) The quarter-on-quarter change is calculated as the ratio of the average of the indices for the current quarter (January-February-March) to the average for the previous quarter (October-November-December).
2) Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (weights are given on the right scale)
3) The aggregated and by sub-sector series are seasonally adjusted on an individual basis: the seasonally adjusted series do not represent the sum of the seasonally adjusted components.
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Updated on 19 April 2022