Measured in real terms (constant 2019 prices), motor trade sales decreased by 8,6% year-on-year in May 2024. The largest negative contributors to this decrease were:

• new vehicle sales (-12,9% and contributing -3,2 percentage points);
• fuel sales (-10,6% and contributing -2,9 percentage points); and
• sales of accessories (-7,9% and contributing -1,7 percentage points).

Seasonally adjusted motor trade sales decreased by 4,9% in May 2024 compared with April 2024. This followed month-on-month changes of 6,2% in April 2024 and -7,2% in March 2024.

Motor trade sales decreased by 5,4% in the three months ended May 2024 compared with the three months ended May 2023. The main negative contributors to this decrease were:

• new vehicle sales (-13,1% and contributing -3,3 percentage points);
• fuel sales (-4,3% and contributing -1,2 percentage points); and
• sales of accessories (-4,7% and contributing -1,0 percentage point).

Seasonally adjusted motor trade sales decreased by 5,5% in the three months ended May 2024 compared with the previous three months. The main negative contributors to this decrease were:

• new vehicle sales (-12,2% and contributing -3,1 percentage points);
• fuel sales (-5,8% and contributing -1,6 percentage points); and
• sales of accessories (-2,6% and contributing -0,5 of a percentage point).