Monthly survey on retail trade - 2024-06

Published on the 22nd of July 2024

Sales slightly picked up in June

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

In June, turnover in retail trade rose by 0.3% compared with May, following a 0.5% drop the previous month (seasonally and working day adjusted). Sales of manufactured goods slightly increased (+0.9% after -0.5%), boosted by sales of footwear (+4.5% after -1.0%), automobile equipment (+4.0% after -2.4%), sports equipment (+4.0% after -3.8%) as a catch-up effect regarding May's activity affected by bridging days and holidays period, but dampened by textiles and clothing (-1.8% after -0.8%) and furniture (-1.4% after +1.0%).

The volume of food sales declined month-on-month (-0.3% after -0.5%).

In terms of distribution channels, sales of small retailers were up (+1.0% after -0.8%), while those of department stores fell (-5.4% after +0.1%), as did those of supermarkets (-2.0% after +0.4%).

On a quarter -on- quarter basis, overall turnover in retail trade was stable at +0.0%, due to a decrease in manufactured goods mostly offset by an increase in food products (-0.6% and +0.6% respectively).
Total manufactured goods and food sales
Month-on-month change (%) - Seasonally and working-day adjusted volumes
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. Total and manufactured products series are reconstituted by aggregating the SA-WDA series of the sub-components.
3) SA-WDA: Seasonally and working-day adjusted.


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Updated on the 19th of July 2024