Key findings: P6343.2 - Motor trade sales, February 2022

Measured in nominal terms (current prices), motor trade sales increased by 16,4% year-on-year in February 2022. The largest annual growth rates were recorded for:

·       fuel sales (23,5%); and

·       new vehicle sales (21,1%).

 

Seasonally adjusted motor trade sales increased by 1,0% in February 2022 compared with January 2022. This followed month-on-month changes of 2,6% in January 2022 and 0,2% in December 2021.

 

In the three months ended February 2022, seasonally adjusted motor trade sales increased by 4,6% compared with the previous three months.

 

Motor trade sales increased by 16,2% in the three months ended February 2022 compared with the three months ended February 2021. The main contributors to this increase were:

  • fuel sales (26,1% and contributing 7,5 percentage points);
  • new vehicle sales (18,0% and contributing 3,9 percentage points);
  • used vehicle sales (9,8% and contributing 2,0 percentage points); and
  • sales of accessories (10,6% and contributing 1,9 percentage points).