Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal
PRTBRCICP02STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.80
Year-over-Year Change
-9.68%
Date Range
1/1/1989 - 6/1/2025
Summary
The Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal measures the overall confidence and expectations of retail businesses in the country.
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
This economic indicator provides insight into the current and future state of the Portuguese retail sector, excluding motor vehicles and motorcycles. It is a composite index derived from survey data on factors such as sales, orders, and employment.
Methodology
The data is collected through monthly business surveys conducted by the Portuguese statistical agency.
Historical Context
This retail confidence metric is used by policymakers and analysts to gauge the health of the broader Portuguese economy.
Key Facts
- The index ranges from 0 to 100, with higher values indicating greater optimism.
- Portugal's retail confidence reached a record low of 61.4 in April 2020 due to the COVID-19 pandemic.
- Retail accounts for over 20% of Portugal's gross domestic product.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the overall confidence and expectations of retail businesses in Portugal, excluding motor vehicles and motorcycles.
Q: Why is this trend relevant for users or analysts?
A: The retail confidence index provides valuable insights into the health and outlook of a key sector of the Portuguese economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly business surveys conducted by the Portuguese statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this retail confidence metric to gauge the broader economic conditions in Portugal.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, Business Tendency Surveys: Composite Business Confidence: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Portugal (PRTBRCICP02STSAM), retrieved from FRED.