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

Measured in real terms (constant 2019 prices), motor trade sales increased by 2,0% year-on-year in July 2023. The largest positive annual growth rates were recorded for:

  • sales of accessories (8,0%); and
  • fuel sales (7,7%).

 

The largest positive contributor to this increase was fuel sales (contributing 2,0 percentage points).

 

Seasonally adjusted motor trade sales decreased by 0,4% in July 2023 compared with June 2023. This followed month-on-month changes of 1,3% in June 2023 and 1,0% in May 2023. In the three months ended July 2023, seasonally adjusted motor trade sales increased by 1,8% compared with the previous three months.

 

Motor trade sales increased by 2,6% in the three months ended July 2023 compared with the three months ended July 2022. The positive contributors to this increase were:

  • sales of accessories (8,6% and contributing 1,7 percentage points);
  • new vehicle sales (6,5% and contributing 1,6 percentage points); and
  • fuel sales (5,2% and contributing 1,4 percentage points).