Sales: Retail Trade: Car Registration: Passenger Cars for Czech Republic
Number, Monthly level, Quarterly, Not Seasonally Adjusted
SLRTCR03CZQ180N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,333.33
Year-over-Year Change
10.82%
Date Range
1/1/2003 - 7/1/2018
Summary
This data series tracks the monthly, quarterly level of retail sales in China, without seasonal adjustments. It provides insights into consumer spending and economic activity in the world's second-largest 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 sales index measures the total value of goods sold by the retail sector in China. It is a key indicator of consumer demand and confidence, and helps analysts assess the strength of the Chinese economy.
Methodology
The data is collected through surveys of a representative sample of retail establishments.
Historical Context
Retail sales data is closely monitored by policymakers, investors, and economists to gauge the health of China's consumer market and overall economic conditions.
Key Facts
- China is the world's second-largest economy.
- Retail sales account for over 50% of China's GDP.
- Quarterly retail sales growth averaged 3.9% in 2022.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of retail sales in China on a monthly and 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 economic activity in China, the world's second-largest economy. This data is closely watched by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of retail establishments in China.
Q: How is this trend used in economic policy?
A: Retail sales data is used by Chinese policymakers, as well as international investors and analysts, to gauge the health of China's consumer market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly and quarterly basis, with some potential for minor delays in reporting.
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Citation
U.S. Federal Reserve, Number, Monthly level, Quarterly, Not Seasonally Adjusted (SLRTCR03CZQ180N), retrieved from FRED.