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

Measured in nominal terms (current prices), motor trade sales increased by 13,7% year-on-year in March 2022. The largest annual growth rates were recorded for:

·       fuel sales (20,2%); and

·       new vehicle sales (16,8%).

 

Seasonally adjusted motor trade sales increased by 1,0% in March 2022 compared with February 2022. This followed month-on-month changes of 0,8% in February 2022 and 2,7% in January 2022.

 

In the first quarter of 2022, seasonally adjusted motor trade sales increased by 5,2% compared with the fourth quarter of 2021.

 

Motor trade sales increased by 16,5% in the first quarter of 2022 compared with the first quarter of 2021. The main contributors to this increase were:

  • fuel sales (23,5% and contributing 6,6 percentage points);
  • new vehicle sales (20,2% and contributing 4,5 percentage points);
  • used vehicle sales (13,0% and contributing 2,6 percentage points); and
  • sales of accessories (9,1% and contributing 1,7 percentage points).