Sales: Retail Trade: Total Retail Trade: Volume for France
FRASLRTTO01IXEBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.00
Year-over-Year Change
-1.13%
Date Range
1/1/1975 - 11/1/2023
Summary
This economic indicator measures the total retail trade volume in France, providing insights into consumer spending 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 Retail Trade: Total Retail Trade: Volume for France series tracks the total sales volume of the retail sector, serving as a barometer for consumer demand and confidence. Economists and policymakers closely monitor this data to assess the health of the French economy.
Methodology
The data is collected through surveys of retail businesses and calculated as an index based on a reference period.
Historical Context
This trend is used to inform monetary and fiscal policy decisions, as well as to analyze consumer behavior and its impact on the broader economy.
Key Facts
- France's retail trade volume has grown by 2.5% on average over the past 5 years.
- Clothing and footwear account for the largest share of retail sales in France at 23%.
- The COVID-19 pandemic caused a 20% decline in France's retail trade volume in 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total sales volume of the retail trade sector in France, providing insights into consumer spending and confidence.
Q: Why is this trend relevant for users or analysts?
A: Retail trade data is a key indicator of economic health, as consumer spending drives a significant portion of economic activity. Monitoring this trend helps analysts and policymakers assess the strength of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index based on a reference period.
Q: How is this trend used in economic policy?
A: Retail trade data is closely watched by the French government and central bank to inform monetary and fiscal policy decisions, as well as to analyze consumer behavior and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for France (FRASLRTTO01IXEBSAM), retrieved from FRED.