Sales: Retail Trade: Total Retail Trade: Volume for France
SLRTTO01FRA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.13
Year-over-Year Change
19.78%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Sales: Retail Trade: Total Retail Trade: Volume for France' series measures the volume of total retail trade in France. This metric is a key indicator of consumer demand and economic activity in the country.
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 series tracks the total volume of retail sales across all retail sectors in France, providing insight into the overall health of the French consumer economy. It is a widely followed indicator used by economists, policymakers, and market analysts to assess trends in consumer spending and domestic economic conditions.
Methodology
The data is collected through surveys of retail businesses and calculated as an index relative to a base year.
Historical Context
Retail trade volumes are closely monitored for their implications on broader economic policy and market trends.
Key Facts
- France is the seventh-largest retail market in the world.
- Retail sales account for over 50% of France's total domestic consumption.
- The retail trade volume index is a seasonally adjusted series.
FAQs
Q: What does this economic trend measure?
A: This series measures the total volume of retail sales across all retail sectors in France, providing a gauge of consumer demand and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail trade volumes are a key indicator of the health of the French consumer economy and are closely monitored by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Retail trade volumes are used by policymakers and central banks to assess consumer demand, guide monetary and fiscal policies, and make informed decisions about the broader economy.
Q: Are there update delays or limitations?
A: The retail trade volume data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for France (SLRTTO01FRA659S), retrieved from FRED.