Monthly survey on retail trade 2022Jun

Published on 20 July 2022

Turnover in the retail sales declined in June, but was stable in the second quarter

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 June, turnover in retail trade fell by 2.6% compared with May, after rising by 0.7% the previous month, adjusted for seasonal and working-day variations. Month-on-month, while food sales edged up by 1.1% compared with May, after a fall of 2.0%, sales of manufactured goods contracted by 4.5%, after a rise of 1.4%. In particular, the footwear, perfumes and personal care products, and textiles and clothing sectors lost 9.0%, 7.9% and 7.6% respectively, whereas sports equipment and household appliances made gains of 2.7% and 2.5% respectively.

Quarter-on-quarter, turnover in retail trade was stable, inching up by 0.1%. The footwear and textiles and clothing sectors posted the best performances, growing by 12.2% and 12.0% respectively over the past three months. New car sales slipped by 9.6%. In terms of distribution channels department store sales rose by 3.5%, while those of small retailers (excluding the automotive sector) fell slightly by 1.6%.
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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