Sales: Retail Trade: Total Retail Trade: Value for Russia
Monthly, Not Seasonally Adjusted
RUSSLRTTO02MLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,410,600,000,000.00
Year-over-Year Change
12.89%
Date Range
1/1/1994 - 11/1/2021
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the retail sales total in Russia on a monthly basis without seasonal adjustments. This data provides insights into the broader state of consumer spending and 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
The 'Monthly, Not Seasonally Adjusted' retail sales trend tracks total nominal retail trade turnover in Russia. This metric is a key indicator of consumer demand and an important input for macroeconomic analysis and policymaking.
Methodology
The data is collected through surveys of retail businesses and compiled by the Russian Federal State Statistics Service.
Historical Context
Retail sales figures are closely monitored by economists, investors, and policymakers to assess the health of the Russian economy.
Key Facts
- Russia is one of the world's largest consumer markets.
- Retail sales account for over 50% of Russia's GDP.
- Monthly retail data is released approximately 30 days after the reference period.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the total value of retail trade transactions in Russia on a monthly basis without any seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a critical indicator of consumer spending and economic health, providing insights into broader market and macroeconomic conditions in Russia.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and compiled by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and investors to assess the state of consumer demand and the broader Russian economy.
Q: Are there update delays or limitations?
A: The monthly retail sales data is released approximately 30 days after the reference period.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (RUSSLRTTO02MLM), retrieved from FRED.