Key findings: P6343.2 - Motor trade sales, May 2023

Measured in real terms (constant 2019 prices), motor trade sales decreased by 0,8% year-on-year in May 2023. The largest negative annual growth rates were recorded for:

  • used vehicle sales (-10,3%); and
  • convenience store sales (-6,6%).

 

The largest negative contributor to this decrease was used vehicle sales (contributing -2,2 percentage points).

 

Seasonally adjusted motor trade sales decreased by 0,4% in May 2023 compared with April 2023. This followed month-on-month changes of 0,6% in April 2023 and -0,8% in March 2023. In the three months ended May 2023, seasonally adjusted motor trade sales decreased by 0,2% compared with the previous three months.

 

Motor trade sales decreased by 2,5% in the three months ended May 2023 compared with the three months ended May 2022. The main negative contributor to this decrease was used vehicle sales (-12,0% and contributing -2,6 percentage points).