Key findings: P6343.2 - Motor trade sales, December 2018

Actual motor trade sales estimates

Measured in nominal terms (current prices), motor trade sales decreased by 4,5% year-on-year in December 2018. Negative annual growth rates were recorded for:

  • new vehicle sales (-13,7%);
  • workshop income (-12,6%);
  • used vehicle sales (-9,7%); and
  • sales of accessories (-3,9%).

Seasonally adjusted motor trade sales decreased by 4,2% in December 2018 compared with November 2018. This followed month-on-month changes of -0,5% in November 2018 and 1,5% in October 2018.

In 2018, motor trade sales increased by 4,1% compared with 2017. The largest contributor was fuel sales (14,7% and contributing 3,8 percentage points).

Seasonally adjusted motor trade sales showed no growth in the fourth quarter of 2018 compared with the previous quarter.

Motor trade sales increased by 1,7% in the fourth quarter of 2018 compared with the fourth quarter of 2017. The main contributor was fuel sales (15,3% and contributing 4,1 percentage points).