Sales: Retail Trade: Total Retail Trade: Value for Estonia
Index Eurostat base, Quarterly, Seasonally Adjusted
ESTSLRTTO02IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.93
Year-over-Year Change
34.53%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures the Eurostat-based quarterly index of retail trade, seasonally adjusted. It provides insights into consumer spending patterns and overall 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 Eurostat-based retail trade index is a key indicator of consumer demand and economic health. It tracks the volume of retail sales over time, adjusting for seasonal variations, and serves as an important barometer for policymakers and market analysts.
Methodology
The data is collected through surveys of retail businesses and calculated as an index with a base year.
Historical Context
The retail trade index is closely monitored by central banks and governments to inform economic policy decisions.
Key Facts
- The index uses 2015 as the base year.
- Retail trade accounts for a significant portion of GDP.
- Seasonal adjustments help identify underlying trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of retail sales in the Eurozone on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The retail trade index is a crucial indicator of consumer spending and overall economic activity, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: Central banks and governments closely monitor the retail trade index to inform their economic policy decisions, as it provides insights into consumer demand and the broader state of the economy.
Q: Are there update delays or limitations?
A: The retail trade index data is subject to periodic updates, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Seasonally Adjusted (ESTSLRTTO02IXEBSAQ), retrieved from FRED.