Key findings: P6343.2 - Motor trade sales, May 2022

Measured in nominal terms (current prices), motor trade sales increased by 16,0% year-on-year in May 2022. The largest annual growth rates were recorded for:

·       fuel sales (26,6%); and

·       used vehicle sales (16,9%).

 

Seasonally adjusted motor trade sales increased by 2,0% in May 2022 compared with April 2022. This followed month-on-month changes of -0,3% in April 2022 and 0,9% in March 2022.

 

In the three months ended May 2022, seasonally adjusted motor trade sales increased by 2,9% compared with the previous three months.

 

Motor trade sales increased by 13,6% in the three months ended May 2022 compared with the three months ended May 2021. The main contributors to this increase were:

·       fuel sales (22,7% and contributing 6,6 percentage points);

·       new vehicle sales (12,9% and contributing 2,9 percentage points); and

·       used vehicle sales (11,5% and contributing 2,2 percentage points).