Sales: Retail Trade: Total Retail Trade: Value for Japan
JPNSLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.55
Year-over-Year Change
4.04%
Date Range
1/1/1960 - 10/1/2023
Summary
This economic trend measures total retail trade sales in Japan, providing insight into consumer spending and the overall health of the Japanese economy.
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 indicator tracks the total value of retail sales across all sectors in Japan. It is a key metric used by economists and policymakers to assess consumer demand, business activity, and economic growth.
Methodology
The data is collected through surveys of retail establishments and compiled by Japan's Ministry of Economy, Trade and Industry.
Historical Context
Retail trade data is widely monitored by investors, analysts, and government agencies to gauge the strength of domestic consumption and make informed economic decisions.
Key Facts
- Japan is the world's third-largest economy.
- Retail sales account for over 50% of Japan's GDP.
- Consumer spending has remained relatively stable in Japan despite economic challenges.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade: Total Retail Trade indicator measures the total value of retail sales across all sectors in Japan.
Q: Why is this trend relevant for users or analysts?
A: Retail trade data is a key indicator of consumer demand and overall economic health, making it highly relevant for investors, economists, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by Japan's Ministry of Economy, Trade and Industry.
Q: How is this trend used in economic policy?
A: Retail trade data is widely monitored by government agencies to gauge the strength of domestic consumption and make informed economic decisions.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis, with a lag of several weeks.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Value for Japan (JPNSLRTTO02IXOBSAM), retrieved from FRED.