Retail Trade Sales: Passenger Car Registrations for the European Union
Index 2015=100, Annual, Not Seasonally Adjusted
SLRTCR03EUA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.64
Year-over-Year Change
-0.93%
Date Range
1/1/1970 - 1/1/2018
Summary
The 'Index 2015=100, Annual, Not Seasonally Adjusted' trend measures the level of retail sales in the European Union over time, serving as an important indicator 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
This economic indicator tracks the inflation-adjusted value of retail sales, providing insight into consumer demand and confidence. It is a widely followed metric used by policymakers, analysts, and businesses to assess the health of the EU economy.
Methodology
The data is collected through surveys of retail establishments and calculated as an index with a base year of 2015.
Historical Context
Retail sales figures are closely monitored for their implications on monetary and fiscal policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Retail sales account for a significant portion of economic activity in the EU.
- The trend is reported annually and not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of retail sales in the European Union, providing an indicator of consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales figures are a crucial metric for assessing the health of the EU economy, as consumer spending drives a significant portion of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by policymakers, economists, and market analysts for their implications on monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The trend is reported annually and not seasonally adjusted, which may limit its timeliness and ability to capture seasonal variations in consumer spending.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (SLRTCR03EUA661S), retrieved from FRED.