Monthly survey on retail trade 2020Jul
Published on the 17th of August 2020
In July, dynamic sales partially offset the accumulated losses for some industrial
goods, but the catch-up remained limited overall
goods, but the catch-up remained limited overall
Note :
The trend in retail sales does not reflect that of total household consumption: the latter includes other items such as healthcare, education and rents, which have been less affected by the crisis.
The trend in retail sales does not reflect that of total household consumption: the latter includes other items such as healthcare, education and rents, which have been less affected by the crisis.
In July, turnover in retail trade rose by 4.5 % year-on-year (adjusted for seasonal and working-day variations) after putting on 6.2 % in June. Sales were particularly dynamic for some industrial products, partially offsetting the sharp decline in turnover seen during lockdown. This was notably the case for bicycles and motorcycles (up 33.1 % year-on-year), footwear (up 20.9 %), DIY (up 19.6 %) and furniture (up 19.4 %). Conversely, perfumes and personal care products and press and stationery products, which lost 10.6 % and 7.7 % respectively, did not benefit from this trend. Overall, the extent of the catch-up remains limited for industrial goods sales as a whole, which posted year-on-year growth of 7.5 % in July after 11.1% in June. Food sales were almost stable, inching up by 0.6 %.
In terms of distribution channels, sales of small retailers grew, thanks to the lifting of lockdown, by 5.2 % year-on-year after 12.3 % in June. Sales of large general retailers increased more moderately by 1.7 %. Sales were up mainly in supermarkets, by 4.3 %, while in department stores, they remained well below pre-crisis levels, down 27.2 %. The data observed at the end of June point to a slowdown in distance selling, which nevertheless remains sharply up by 27.3 % year-on-year
In terms of distribution channels, sales of small retailers grew, thanks to the lifting of lockdown, by 5.2 % year-on-year after 12.3 % in June. Sales of large general retailers increased more moderately by 1.7 %. Sales were up mainly in supermarkets, by 4.3 %, while in department stores, they remained well below pre-crisis levels, down 27.2 %. The data observed at the end of June point to a slowdown in distance selling, which nevertheless remains sharply up by 27.3 % year-on-year
Total industrial goods and food sales : year-on-year change (%)
June and July 2020, y-o-y comparison; seasonally and working-day adjusted volume terms
Notes :
- Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (see methodology)
- 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.
- Sectors are classified according to the relative weight of the products included in the total aggregate of retail trade (see methodology)
- 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 the 14th of August 2020