Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Germany
SLRTTO01DEA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.13
Year-over-Year Change
18.10%
Date Range
1/1/1955 - 1/1/2023
Summary
This economic trend measures the volume of retail trade activity in Germany, excluding motor vehicles and motorcycles. It serves as an important indicator of consumer demand and overall economic conditions.
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 index tracks the monthly changes in the value of retail sales, providing insights into consumer spending behavior and broader economic trends. It is a widely used metric by policymakers, analysts, and businesses to assess the health of the German retail sector.
Methodology
The data is collected by the German Federal Statistical Office through surveys of retail establishments.
Historical Context
This trend is closely monitored by the European Central Bank and other institutions to inform economic policy decisions.
Key Facts
- Retail trade accounts for over 10% of Germany's GDP.
- The index is seasonally adjusted to account for monthly variations.
- Retail trade volumes have shown strong recovery following the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly changes in the volume of retail trade activity in Germany, excluding motor vehicles and motorcycles.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a key indicator of consumer spending and overall economic conditions, making this trend highly relevant for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the German Federal Statistical Office through surveys of retail establishments.
Q: How is this trend used in economic policy?
A: The Retail Trade Volume index is closely monitored by the European Central Bank and other institutions to inform economic policy decisions and assess the health of the German economy.
Q: Are there update delays or limitations?
A: The data is updated monthly, with a typical release lag of 4-6 weeks.
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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 Germany (SLRTTO01DEA661N), retrieved from FRED.