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

Measured in nominal terms (current prices), motor trade sales increased by 14,4% year-on-year in November 2022. The largest annual growth rates were recorded for:

  • new vehicle sales (23,3%);
  • fuel sales (20,4%); and
  • workshop income (17,9%).

 

Seasonally adjusted motor trade sales increased by 0,8% in November 2022 compared with October 2022. This followed month-on-month changes of -0,9% in October 2022 and 1,2% in September 2022.

 

In the three months ended November 2022, seasonally adjusted motor trade sales increased by 4,0% compared with the previous three months.

 

Motor trade sales increased by 18,0% in the three months ended November 2022 compared with the three months ended November 2021. The main contributors to this increase were:

  • fuel sales (27,8% and contributing 8,0 percentage points); and
  • new vehicle sales (22,9% and contributing 5,3 percentage points).