Sales: Retail Trade: Total Retail Trade: Value for Euro Area (19 Countries)
Index 2015=100, Monthly, Seasonally Adjusted
EA19SLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.70
Year-over-Year Change
2.90%
Date Range
1/1/1995 - 10/1/2023
Summary
The Euro Area 19 (EA19) Retail Trade Index 2015=100, Monthly, Seasonally Adjusted measures changes in the volume of retail trade across 19 Eurozone countries. It is a key indicator of consumer demand and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Retail Trade Index tracks the total volume of sales for a basket of retail goods, including food, automotive fuels, and other non-food products. Policymakers and analysts use this index to gauge consumer confidence and spending trends within the Eurozone.
Methodology
The data is collected through monthly surveys of retail businesses across the EA19 region.
Historical Context
The Retail Trade Index is closely watched by the European Central Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- It covers 19 countries in the Eurozone economic area.
- The data is seasonally adjusted to account for monthly variations.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade Index measures the monthly change in the total volume of retail sales across the 19 countries that make up the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: The Retail Trade Index is a key indicator of consumer demand and overall economic activity in the Eurozone. It provides insight into spending patterns and consumer confidence, which are important factors for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail businesses across the EA19 region.
Q: How is this trend used in economic policy?
A: The Retail Trade Index is closely monitored by the European Central Bank and other institutions to inform monetary and fiscal policy decisions aimed at supporting economic growth and stability in the Eurozone.
Q: Are there update delays or limitations?
A: The Retail Trade Index data is published on a monthly basis, with a typical delay of around 4-6 weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (EA19SLRTTO02IXOBSAM), retrieved from FRED.