Confinements and Covid-19 have not broken retail sales in France, according to the Banque de France

On non-food manufactured products, an increase of 2% is even observed over the period 2021 compared to 2019.

Retail trade sales, in particular of non-food consumer goods, regained or even exceeded their end-2019 level in the second half of 2021, according to the Banque de France, which compared sales made during these two exempt periods. containment measures.

If the volume of retail trade sales over the whole of 2021 remains below the level of 2019 (-1.2%), the Banque de France notes that they are stable (+0.1%) by comparing the latter semesters of 2019 and 2021, “periods without containment measures“. The sale of manufactured, non-food products is even up by 2% over the 2021 period compared to 2019.

If the trend continues, it means that the impact of Covid-19 on the sale of manufactured goods is fading“, Details with AFP Julien Demuynck, head of the economic surveys department of the Banque de France. The three periods of containment of the economy, decided by the French government to stem the epidemic of Covid-2019 in 2020 and 2021, “each time weighed on retail sales, compared to their pre-crisis level“, Details the Banque de France, but less and less, due in particular to the rise of online sales and fewer sales restrictions.

Pharmacy products in mind

The Banque de France singles out sales of food products, which remained stable over the period, and account for 43% of the more than 500 billion euros represented by the retail trade in France. And sales of manufactured goods, whose sales had fallen during the confinements.

Among the sales of manufactured products, she compared sales by category, in the second half of 2021 compared to 2019. Pharmacy products are well ahead (+16%), ahead of sports equipment (+11, 4%), DIY and hardware (+9.5%), games and toys (+8%) and cycles and motorcycles (+7.6%).

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Those that lost ground were footwear (-0.8%), press and stationery (-8.8%), perfumery, hygiene and beauty (-10.6%) and new automobiles (-16 .2%). On this last category, it is above all due to “supply issuesas a result of semiconductor supply issues, which limited production.

The Banque de France survey, which covers 6,700 points of sale, does not, however, allow us to measure for the moment the possible impact on retail sales of concerns about purchasing power or inflation, which have become more present from the beginning of 2022.

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