Key findings: P6141.2 - Wholesale trade sales, May 2020

Sales at constant 2015 prices: results for May 2020

 

The COVID-19 pandemic and lockdown regulations since 27 March 2020 have had an extensive impact on economic activity. Measured in real terms (constant 2015 prices), wholesale trade sales decreased by 20,7% in May 2020 compared with May 2019.

 

Seasonally adjusted wholesale trade sales increased by 29,7% in May 2020 compared with April 2020. This followed month-on-month changes of -35,4% in April 2020 and -0,5% in March 2020.

 

In the three months ended May 2020, seasonally adjusted wholesale trade sales decreased by 18,3% compared with the previous three months.


Sales at current prices: results for May 2020

 

Measured in nominal terms (current prices), wholesale trade sales decreased by 23,8% in May 2020 compared with May 2019. The main negative contributors to this decrease were dealers in:

·         solid, liquid and gaseous fuels and related products (-49,7% and contributing -12,5 percentage points); and

·         construction and building materials (-51,4% and contributing -3,3 percentage points).

 

Wholesale trade sales decreased by 22,5% in the three months ended May 2020 compared with the three months ended May 2019. The main negative contributors to this decrease were dealers in:

·         solid, liquid and gaseous fuels and related products (-43,3% and contributing -11,0 percentage points);

·         construction and building materials (-47,5% and contributing -2,6 percentage points); and

·         machinery, equipment and supplies (-12,4% and contributing -1,6 percentage points).