Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria
SLRTTO01ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.93
Year-over-Year Change
2.98%
Date Range
1/1/1973 - 1/1/2023
Summary
The Retail Trade Volume trend measures the sales volume of Austria's retail trade sector, excluding motor vehicles and motorcycles. It provides insights into consumer demand and overall 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 indicator tracks the real volume of retail sales, reflecting the quantity of goods sold rather than just the monetary value. It is a key metric for assessing the health and trajectory of the Austrian consumer economy.
Methodology
The data is collected through surveys of retail businesses and calculated as a seasonally adjusted index.
Historical Context
Retail trade volume is closely monitored by policymakers and analysts to gauge consumer spending and economic conditions.
Key Facts
- Austria's retail trade volume index has a base year of 2015.
- Retail trade makes up over 15% of Austria's total GDP.
- The retail sector employs more than 500,000 Austrians.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade Volume trend measures the real sales volume of the Austrian retail sector, excluding motor vehicles and motorcycles. It reflects the quantity of goods sold rather than just the monetary value.
Q: Why is this trend relevant for users or analysts?
A: Retail trade volume is a key indicator of consumer demand and overall economic activity in Austria. It provides insights into the health and trajectory of the consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as a seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Retail trade volume is closely monitored by policymakers and analysts to gauge consumer spending and broader economic conditions in Austria.
Q: Are there update delays or limitations?
A: The retail trade volume data is published monthly with a typical 1-2 month lag.
Related Trends
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NAEXKP01ATQ189S
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for Austria
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Mutual Fund Assets to GDP for Austria
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Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Austria
AUTLOLITOAASTSAM
Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for Austria
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Austria
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Austria (SLRTTO01ATA661N), retrieved from FRED.