Key findings: P6343.2 - Motor trade sales, July 2021

Measured in nominal terms (current prices), motor trade sales increased by 0,6% year-on-year in July 2021. Positive annual growth rates were recorded for:

·         convenience store sales (7,8%);

·         fuel sales (5,8%); and

·         new vehicle sales (4,1%).

 

Seasonally adjusted motor trade sales decreased by 9,1% in July 2021 compared with June 2021. This followed month-on-month changes of -4,7% in June 2021 and 2,3% in May 2021.

 

In the three months ended July 2021, seasonally adjusted motor trade sales decreased by 2,3% compared with the previous three months.

 

Motor trade sales increased by 29,0% in the three months ended July 2021 compared with the three months ended July 2020. The main contributors to this increase were:

·         fuel sales (39,1% and contributing 10,6 percentage points);

·         new vehicle sales (35,4% and contributing 7,4 percentage points); and

·         used vehicle sales (24,0% and contributing 4,9 percentage points).