IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Measured in real terms (constant 2019 prices), motor trade sales increased by 4,8% year-on-year in June 2023. The largest positive annual growth rates were recorded for:

·       sales of accessories (11,1%); and

·       new vehicle sales (9,3%).

The largest positive contributors to this increase were:

·       new vehicle sales (contributing 2,3 percentage points); and

·       sales of accessories (contributing 2,0 percentage points).

Seasonally adjusted motor trade sales increased by 1,9% in June 2023 compared with May 2023. This followed month-on-month changes of 0,0% in May 2023 and 0,9% in April 2023. In the second quarter of 2023, seasonally adjusted motor trade sales increased by 1,6% compared with the first quarter of 2023.

Motor trade sales increased by 0,1% in the second quarter of 2023 compared with the second quarter of 2022. The largest positive contributors to this increase were:

·       new vehicle sales (3,3% and contributing 0,8 of a percentage point);

·       fuel sales (2,9% and contributing 0,8 of a percentage point); and

·       sales of accessories (4,3% and contributing 0,7 of a percentage point).

The largest negative contributor was used vehicle sales (-10,7% and contributing -2,3 percentage points).