Sales: Retail trade: Car registration: Passenger cars for France
FRASLRTCR03IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.80
Year-over-Year Change
5.13%
Date Range
1/1/1960 - 1/1/2023
Summary
This economic indicator tracks retail sales of passenger cars in France. It provides insights into consumer demand and spending patterns within the automotive market.
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 sales of passenger cars in France is an important economic indicator that reflects consumer confidence and spending behavior. It is closely monitored by policymakers, analysts, and businesses to gauge the strength of the French economy.
Methodology
The data is collected through surveys of retail outlets and compiled by the national statistical agency.
Historical Context
This indicator is used to inform economic forecasts, monetary policy decisions, and business planning.
Key Facts
- France is the second-largest automotive market in Europe.
- Passenger car sales account for over 70% of total vehicle sales in France.
- The retail sales of passenger cars is a leading indicator of consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the retail sales of passenger cars in France, providing insights into consumer demand and spending patterns within the automotive market.
Q: Why is this trend relevant for users or analysts?
A: The retail sales of passenger cars is a key indicator of consumer confidence and economic activity in France. It is closely monitored by policymakers, analysts, and businesses to gauge the strength of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail outlets and compiled by the national statistical agency.
Q: How is this trend used in economic policy?
A: This indicator is used to inform economic forecasts, monetary policy decisions, and business planning in France and the broader European market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of 4-6 weeks. There may be seasonal adjustments and revisions to the historical data.
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Citation
U.S. Federal Reserve, Sales: Retail trade: Car registration: Passenger cars for France (FRASLRTCR03IXOBSAM), retrieved from FRED.