Retail Trade Sales: Passenger Car Registrations for France
Growth rate previous period, Annual
SLRTCR03FRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.76
Year-over-Year Change
85.86%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the real retail sales index in France. It provides insights into the strength and trajectory of consumer spending, a key driver of economic growth.
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 growth rate previous period, annual metric tracks the year-over-year change in France's real retail sales, which reflects the purchasing power and confidence of consumers. This data point is closely monitored by economists and policymakers to assess the health of the French economy.
Methodology
The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through surveys of retail establishments.
Historical Context
This trend is used to inform monetary and fiscal policy decisions, as well as to analyze consumer demand and broader macroeconomic conditions.
Key Facts
- France's real retail sales grew 3.2% in 2022.
- Consumer spending accounts for over 50% of France's GDP.
- The retail sales growth rate is a leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of the real retail sales index in France, providing insights into the strength of consumer spending.
Q: Why is this trend relevant for users or analysts?
A: The retail sales growth rate is a key indicator of consumer demand and economic health, making it important for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the French National Institute of Statistics and Economic Studies (INSEE) through surveys of retail establishments.
Q: How is this trend used in economic policy?
A: This trend is used to inform monetary and fiscal policy decisions, as well as to analyze consumer demand and broader macroeconomic conditions.
Q: Are there update delays or limitations?
A: There may be a delay of several weeks between the end of the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual (SLRTCR03FRA657S), retrieved from FRED.