Retail

France's sales volume in trade drops 0.2% MoM in Oct 2023

21 Dec '23

1 min read

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Insights

France's volume of sales in trade dropped again month on month in October by 0.2 per cent.
The drop was more moderate than the September figure of minus 0.6 per cent.
The fall was in both wholesale and retail sectors.
Early estimates show the sales volume in retail trade except that of motor vehicles and motorcycles is expected to have recovered in November.

France’s volume of sales in trade dropped again month on month (MoM) in October this year by 0.2 per cent. The drop was more moderate than the September figure of minus 0.6 per cent. The decrease was in both wholesale and retail sectors.

The volume of sales in wholesale trade except that of motor vehicles and motorcycles decreased by 0.3 per cent MoM after a 1.4 per cent MoM drop in September. It also fell in retail trade except that of motor vehicles and motorcycles by 0.4 per cent MoM after a 0.3 per cent MoM rise in September.

According to early estimates, the sales volume in retail trade except that of motor vehicles and motorcycles is expected to have recovered in November this year, with an estimated rise of 0.4 per cent MoM.

However, from September to November 2023, it would be 2.2 per cent lower than that of the same three months a year earlier, according to a release from the National Institute of Statistics and Economic Studies (INSEE).

The volume of sales between August and October this year in overall trade was 1.1 per cent lower than that of the same period a year earlier.

Fibre2Fashion News Desk (DS)

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