Sales: Retail trade: Total retail trade: Volume for the European Union
Index 2015=100, Quarterly, Not Seasonally Adjusted
EU28SLRTTO01IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.07
Year-over-Year Change
6.90%
Date Range
1/1/1995 - 10/1/2019
Summary
This economic indicator measures the Quarterly Total Sales of Retail Trade for the European Union, using 2015 as the base year. It provides insights into consumer spending and economic conditions in the EU.
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 Sales Index is a key indicator of consumer demand and overall economic activity. It tracks the quarterly sales volume for the retail sector, which accounts for a significant portion of GDP. Economists and policymakers use this data to assess the health of the consumer economy.
Methodology
The index is calculated based on sales volume data collected from retail establishments across the European Union.
Historical Context
This data is widely used to inform economic policy decisions and analyze consumer trends in the EU marketplace.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Data is reported on a quarterly, non-seasonally adjusted basis.
- The retail sector accounts for over 20% of GDP in the European Union.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade Sales Index measures the quarterly sales volume for the retail sector in the European Union, using 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into consumer spending and the overall health of the EU economy, which is crucial information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The index is calculated based on sales volume data collected from retail establishments across the European Union.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess consumer demand, make informed decisions, and analyze broader economic trends in the EU marketplace.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly, non-seasonally adjusted basis, which may result in some delay compared to more frequently updated indicators.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Not Seasonally Adjusted (EU28SLRTTO01IXEBSAQ), retrieved from FRED.