Monthly survey on retail trade 2022Aug

Published on 21 September 2022

Turnover in retail trade inched down in August

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 August, turnover in retail trade contracted by 0.3% month-on-month, adjusted for seasonal and working-day variations. This decline can mainly be attributed to food sales (-0.5% compared to July), as well as some manufactured goods sectors, in particular furniture (-4%), games and toys (-1.7%) and household appliances (-1.1%). Overall sales of manufactured goods were stable in August (up by 0.1% compared to July) thanks in particular to increases in the textile and clothing (4.3%), optical (4.1%), books (2.7%) and automotive equipment (2.3%) sectors.

Quarter-on-quarter, the 3.1% decrease in overall sales was mainly due to the fall in sales of manufactured goods (-5.3%), while sales of food products were stable (-0.1%).
Quarter-on-quarter, the 1.5% decrease in overall sales was driven by a 3.0% fall in sales of manufactured goods, while the contraction in food sales was more modest at 0.8%.
Total manufactured goods and food sales: M/M-1 change (%)
Month-on-month change; seasonally and working-day adjusted volume terms
Notes :
1) 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)
2) 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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