Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Russia
Monthly
RUSPITGND01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.54
Year-over-Year Change
58.76%
Date Range
1/1/2015 - 1/1/2022
Summary
The Monthly Retail Sales Excluding Autos, Gas, and Food Services indicator tracks sales at retail and food service establishments, excluding motor vehicles and parts, gasoline stations, and food services and drinking places.
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 overall health of the retail sector, a key driver of economic growth. Economists and policymakers use it to gauge consumer spending patterns and assess the strength of the broader economy.
Methodology
The data is collected through monthly surveys of a representative sample of retail and food service businesses.
Historical Context
Retail sales trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Retail sales account for nearly 30% of total U.S. consumer spending.
- The indicator excludes volatile sectors like auto and gas to focus on core consumer demand.
- Monthly retail sales data is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Monthly Retail Sales Excluding Autos, Gas, and Food Services indicator tracks sales at retail establishments, excluding motor vehicles, gasoline, and food services.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into consumer spending patterns, a key driver of economic growth. It is closely monitored by economists and policymakers to assess the overall health of the retail sector and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a representative sample of retail and food service businesses.
Q: How is this trend used in economic policy?
A: Retail sales trends are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions, as consumer spending is a significant component of economic activity.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of around two weeks from the end of the reference period.
Related Trends
Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Russia
RUSB6CATT01CXCUQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 74 Years for Russia
LFUN74MARUA647S
Goods, Value of Exports for Russian Federation
VALEXPRUM052N
Total Construction for the Russian Federation
PRCNTO01RUQ657S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Russia
RUSPROMANMISMEI
Balance of Payments: Other Investment: Assets (or Net Acquisition of Assets) for Russia
RUSB6FAOI02CXCUQ
Citation
U.S. Federal Reserve, Monthly Retail Sales Excluding Autos, Gas, and Food Services (RUSPITGND01GPM), retrieved from FRED.