Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Russia
Quarterly, Not Seasonally Adjusted
RUSLREM24TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.49
Year-over-Year Change
-10.86%
Date Range
1/1/1999 - 10/1/2021
Summary
The Quarterly, Not Seasonally Adjusted series measures the revenue of retail sales in Russia. This key economic indicator provides 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
This series represents total retail trade revenue in Russia on a quarterly basis without seasonal adjustments. Retail sales are a vital indicator of consumer demand and can signal broader trends in the Russian economy.
Methodology
The data is collected through surveys of retail establishments across Russia.
Historical Context
Retail sales figures are closely monitored by policymakers and analysts to assess the health of the Russian consumer market.
Key Facts
- Russia is one of the world's largest retail markets.
- Retail sales account for over 50% of Russia's GDP.
- Quarterly retail data helps track consumer confidence in Russia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total revenue from retail sales in Russia on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and overall economic activity in Russia, making this trend highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments across Russia.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Russian government and central bank to assess the health of the consumer market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (RUSLREM24TTSTQ), retrieved from FRED.