Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Spain
ESPSLRTTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.33
Year-over-Year Change
0.40%
Date Range
1/1/1995 - 3/1/2024
Summary
This economic trend measures the volume of retail trade activity in Spain, excluding motor vehicles and motorcycles. It provides valuable insights into consumer spending patterns and the overall health of the Spanish economy.
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 Volume index tracks changes in the real volume of retail sales over time, serving as an important indicator of economic activity and consumer confidence. Economists and policymakers closely monitor this data to assess the strength of the Spanish retail sector and make informed decisions.
Methodology
The data is collected through surveys of retail establishments and calculated as an index with a base year of 2015.
Historical Context
This trend is widely used by analysts, governments, and central banks to inform economic policies and market forecasts.
Key Facts
- The base year for the index is 2015.
- Retail trade accounts for a significant portion of Spain's GDP.
- The index is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of retail trade activity in Spain, excluding motor vehicles and motorcycles. It provides an indication of consumer spending patterns and the overall health of the Spanish economy.
Q: Why is this trend relevant for users or analysts?
A: The Retail Trade Volume index is a key indicator of economic activity and consumer confidence in Spain. It is closely monitored by economists, policymakers, and market analysts to inform their decisions and forecasts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: This trend is widely used by governments, central banks, and other institutions to assess the strength of the Spanish retail sector and make informed decisions regarding economic policies and market interventions.
Q: Are there update delays or limitations?
A: The Retail Trade Volume index is published on a monthly basis, with minimal update delays. However, the data may be subject to revisions and can be influenced by seasonal factors or other economic conditions.
Related Trends
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Spain
LRUNTTTTESQ156S
Bank's Return on Equity for Spain
DDEI06ESA156NWDB
Orders: Construction: Permits Issued: Dwellings and Residential Buildings for Spain
ODCNPI03ESQ470N
National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for Spain
ESPIMPORTQDSMEI
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Spain
BSCICP03ESM665S
Interest Rates: 3-Month or 90-Day Rates and Yields: Interbank Rates: Total for Spain
IR3TIB01ESM156N
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Spain (ESPSLRTTO01IXOBM), retrieved from FRED.