Sales: Retail Trade: Total Retail Trade: Value for Estonia
Index Eurostat base, Quarterly, Not Seasonally Adjusted
ESTSLRTTO02IXEBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
176.57
Year-over-Year Change
34.34%
Date Range
1/1/1995 - 7/1/2023
Summary
The Eurostat-based index measures quarterly changes in real retail trade, excluding automotive fuel, across the European Union. It provides important insights into consumer spending 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
This Eurostat-based index tracks the volume of retail trade, excluding automotive fuel, in the European Union on a quarterly basis. It serves as a key indicator of consumer demand and overall economic performance across the member states.
Methodology
The data is collected and calculated by Eurostat based on surveys of retail businesses.
Historical Context
Economists and policymakers closely monitor this index to assess the health of consumer spending and broader economic trends.
Key Facts
- The index uses 2015 as the base year (2015 = 100).
- It covers all retail trade except for automotive fuel sales.
- The index is published quarterly, with a 2-month lag.
FAQs
Q: What does this economic trend measure?
A: The Eurostat-based retail trade index tracks changes in the volume of retail sales, excluding automotive fuel, across the European Union on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into consumer spending and overall economic activity in the EU, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat based on surveys of retail businesses in the member states.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this index to assess the health of consumer demand and broader economic performance across the European Union.
Q: Are there update delays or limitations?
A: The index is published quarterly, with a 2-month lag between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Not Seasonally Adjusted (ESTSLRTTO02IXEBQ), retrieved from FRED.