IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Measured in real terms (constant 2019 prices), motor trade sales decreased by 3,2% year-on-year in October 2023. The largest negative annual growth rates were recorded for:

• used vehicle sales (-8,1%);
• workshop income (-7,8%);
• income from convenience store sales (-7,4%); and
• income from fuel sales (-7,3%).

The largest negative contributors to this decrease were:

• income from fuel sales (contributing -2,0 percentage points); and
• used vehicle sales (contributing -1,7 percentage points).

Seasonally adjusted motor trade sales increased by 0,8% in October 2023 compared with September 2023. This followed month-on-month changes of -2,8% in September 2023 and -0,5% in August 2023. In the three months ended October 2023, seasonally adjusted motor trade sales decreased by 2,3% compared with the previous three months.

Motor trade sales decreased by 4,5% in the three months ended October 2023 compared with the three months ended October 2022. The main negative contributors to this decrease were:

• new vehicle sales (-9,2% and contributing -2,4 percentage points); and
• used vehicle sales (-8,4% and contributing -1,8 percentage points).