Key findings: P6343.2 - Motor trade sales, May 2010

Actual motor trade sales estimates

The actual motor trade sales estimates for the three months ended May 2010 increased by 18,0% compared with the three months ended May 2009. Sales for the corresponding period in 2009 decreased by 15,2%.

The major contributors to the increase of 18,0% were `New vehicle sales` (48,5% and contributing 10,7 percentage points) and `Fuel sales` (15,3% and contributing 4,0 percentage points).

In May 2010, motor trade sales increased by 19,9% year-on-year, the sixth consecutive positive annual growth rate recorded since December 2009. Large percentage increases were recorded for `New vehicle sales` (60,2%), `Workshop income` (20,2%) and `Fuel sales` (14,0%).

Seasonally adjusted motor trade sales

Seasonally adjusted motor trade sales for the three months ended May 2010 increased by 5,3% compared with the three months ended February 2010, while sales between April and May 2010 decreased by 2,4%.