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Motor trade sales up 16.7% y/y in May
The highest annual growth rate was recorded for new vehicle sales (27.7%)‚ followed by sales of accessories (15.0%)‚ fuel sales (13.9%) and workshop income (13.7%)
In May 2012‚ seasonally adjusted motor trade sales increased by 3.2% month on month‚ following month on month changes of 2.6% in April and -1.2% in March.
Seasonally adjusted motor trade sales for the three months ended May increased by 4.2% compared with the three months ended February.
Motor trade sales for the three months ended May 2012 increased by 12.7% compared with the three months ended May 2011.
Sales for the corresponding period in 2011 increased by 12.4%.
The major contributors to the increase of 12.7% were new vehicle sales (18.3% and contributing 5.0 percentage points)‚ fuel sales (14.6% and contributing 4.0 percentage points) and sales of accessories (10.7% and contributing 1.9 percentage points).
Source: I-Net Bridge
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