Sales: Retail Trade: Total Retail Trade: Volume for Brazil
SLRTTO01BRA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.09
Year-over-Year Change
-51.49%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Sales: Retail Trade: Total Retail Trade: Volume for Brazil' series measures the total volume of retail sales in Brazil. This key economic indicator provides insights into consumer spending 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 monthly metric tracks changes in the total volume of retail trade in Brazil, including sales of goods and services across diverse sectors. It is a widely followed indicator of consumer demand and is used by economists and policymakers to assess the health of the Brazilian economy.
Methodology
The data is collected through surveys of retail businesses and calculated as an index.
Historical Context
Trends in Brazilian retail trade volume are closely watched by market analysts and government agencies to gauge consumer confidence and inform economic policies.
Key Facts
- Retail trade accounts for over 10% of Brazil's GDP.
- Brazil's retail sector employs more than 10 million people.
- The COVID-19 pandemic significantly impacted Brazilian retail trade in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Sales: Retail Trade: Total Retail Trade: Volume for Brazil' series measures the total volume of retail sales across diverse sectors in Brazil.
Q: Why is this trend relevant for users or analysts?
A: Trends in Brazilian retail trade volume provide valuable insights into consumer spending and overall economic activity, making this a closely watched indicator by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Retail trade volume is an important indicator for assessing consumer confidence and guiding economic policies in Brazil, such as interest rates, taxation, and stimulus measures.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be lags in reporting or revisions to previous figures.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Brazil
NAEXKP06BRQ652S
Use of Financial Services Borrowers: Households Borrowing from Non-deposit Taking Microfinance Institutions (MFIs) for Brazil
BRAFCRMFHPENUM
Production: Manufacturing: Total Manufacturing for Brazil
PRMNTO01BRQ657S
Number of Identified Exporters to Brazil from California
CABRAA475SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Brazil
CPALTT01BRM659N
Leading Indicators OECD: Component Series: Business Tendencies Survey: Order Books: Normalised for Brazil
BRALOCOBONOSTSAM
Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for Brazil (SLRTTO01BRA659S), retrieved from FRED.