Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Ireland

Quarterly

IRLSARTQISMEI • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

129.47

Year-over-Year Change

3.77%

Date Range

1/1/1968 - 10/1/2023

Summary

The 'Quarterly' series measures the effective interest rate on loans to small and medium-sized enterprises (SMEs) in the euro area. This key indicator helps economists and policymakers assess the cost of borrowing and access to credit for businesses.

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 'Quarterly' series tracks the effective interest rate on new loans to non-financial corporations with a loan amount of up to €1 million, which is used as a proxy for the cost of credit for SMEs in the euro area. This data provides insight into the financing environment for small businesses, an important driver of economic growth and employment.

Methodology

The data is collected by the European Central Bank through surveys of monetary financial institutions.

Historical Context

Policymakers and analysts use this series to monitor the transmission of monetary policy and the availability of credit to the real economy.

Key Facts

  • Measures effective interest rates on loans up to €1 million
  • Proxy for cost of credit for small and medium-sized businesses
  • Provides insight into financing environment for the real economy

FAQs

Q: What does this economic trend measure?

A: The 'Quarterly' series measures the effective interest rate on new loans to non-financial corporations with a loan amount of up to €1 million in the euro area.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the financing environment for small and medium-sized enterprises, which are crucial drivers of economic growth and employment.

Q: How is this data collected or calculated?

A: The data is collected by the European Central Bank through surveys of monetary financial institutions.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this series to monitor the transmission of monetary policy and the availability of credit to the real economy.

Q: Are there update delays or limitations?

A: The 'Quarterly' series is published on a regular basis by the European Central Bank.

Related Trends

Citation

U.S. Federal Reserve, Quarterly (IRLSARTQISMEI), retrieved from FRED.