IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Measured in real terms (constant 2019 prices), motor trade sales increased by 0,3% year-on-year in July 2024.

The largest positive contributor to this increase was used vehicle sales (10,3% and contributing 2,0 percentage points).

The largest negative contributors were:

• fuel sales (-3,2% and contributing -0,9 of a percentage point); and
• sales of accessories (-3,2% and contributing -0,7 of a percentage point).

Seasonally adjusted motor trade sales increased by 1,0% in July 2024 compared with June 2024. This followed month-on-month changes of 5,3% in June 2024 and -6,1% in May 2024.

Motor trade sales decreased by 5,9% in the three months ended July 2024 compared with the three months ended July 2023. The main negative contributors to this decrease were:

• new vehicle sales (-10,4% and contributing -2,6 percentage points);
• sales of accessories (-9,4% and contributing -2,0 percentage points); and
• fuel sales (-5,5% and contributing -1,5 percentage points).

Seasonally adjusted motor trade sales decreased by 0,8% in the three months ended July 2024 compared with the previous three months. The largest negative contributors to this decrease were:

• fuel sales (-2,7% and contributing -0,8 of a percentage point); and
• sales of accessories (-1,8% and contributing -0,4 of a percentage point).

The largest positive contributor was new vehicle sales (1,5% and contributing 0,4 of a percentage point).