Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Switzerland
SLRTTO01CHQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.50
Year-over-Year Change
1.81%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the retail trade volume in Switzerland, excluding motor vehicles and motorcycles. It serves as an important indicator of 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
The Retail Trade Volume trend represents the total volume of retail sales across Switzerland, providing insights into consumer spending patterns and the health of the domestic economy. It is a key metric used by policymakers and analysts to assess the strength of the Swiss consumer market.
Methodology
The data is collected through surveys of retail businesses and calculated as an index value.
Historical Context
This trend is closely monitored by the Swiss National Bank and other economic institutions to inform policy decisions and market forecasts.
Key Facts
- The retail trade volume index uses a base year of 2015.
- Switzerland's retail sector accounts for around 5% of its GDP.
- Retail trade data is released monthly by the Swiss Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of retail sales in Switzerland, excluding motor vehicles and motorcycles. It provides an indication of consumer demand and overall economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: The retail trade volume is a key indicator of the health of the Swiss consumer market and can inform economic forecasts, policy decisions, and investment strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index value by the Swiss Federal Statistical Office.
Q: How is this trend used in economic policy?
A: The Swiss National Bank and other policymakers closely monitor the retail trade volume to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The retail trade volume data is released monthly, with a typical delay of 4-6 weeks from the end of the reference period.
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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 Switzerland (SLRTTO01CHQ661N), retrieved from FRED.