French sales volume in trade drops 1.1% MoM in Sept 2024

03 Dec '24

2 min read

French sales volume in trade drops 1.1% MoM in Sept 2024

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The volume of sales in French trade fell by 1.1 per cent month on month (MoM) in September following an MoM rise of 1.7 per cent in August.
It was down by 0.7 per cent MoM in retail trade (bar motor vehicles, motorcycles) after August's 3-per cent rise.
Sales in specialised stores were stable, and within that, the rise in sales in 'other retail' was due to a strong rise in clothing store sales.

The volume of sales in trade in France decreased by 1.1 per cent month on month (MoM) in September this year following an MoM increase of 1.7 per cent in August. It dropped in the three main trade sectors, according to the National Institute of Statistics and Economic Studies (INSEE).

The volume of sales was down by 0.7 per cent MoM in retail trade except that of motor vehicles and motorcycles after a 3-per cent rise in August. Non-specialised stores accounted for most of this fall, while sales in specialised stores were stable and trade not done in stores was virtually stable.

Within specialised stores, the rise in sales in ‘other retail’ (plus 1 per cent MoM after plus 2.7 per cent MoM) was due to a strong increase in clothing store sales (plus 8.1 per cent MoM after plus 4.3 per cent MoM), an INSEE release said.

Early estimates show the sales volume in retail trade except that of motor vehicles and motorcycles was virtually stable in October this year at plus 0.1 per cent MoM. Over the three months from August to October, it was 3.9 per cent higher year on year.

Fibre2Fashion News Desk (DS)

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