Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
Annual
SWEPROCONAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.51
Year-over-Year Change
23.80%
Date Range
1/1/1994 - 1/1/2023
Summary
The Annual Retail Sales Index (SWEPROCONAISMEI) measures the annual change in retail sales in Sweden, providing insight into consumer spending and 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 Annual Retail Sales Index tracks the year-over-year change in the total value of retail sales in Sweden. It is a key indicator of consumer demand and an important measure of economic health and confidence.
Methodology
The data is collected through surveys of retail businesses and calculated as a percentage change from the previous year.
Historical Context
The Annual Retail Sales Index is closely monitored by policymakers, analysts, and businesses to gauge consumer spending patterns and guide economic decision-making.
Key Facts
- The index is published monthly by the Swedish statistical agency.
- Retail sales account for a significant portion of Sweden's GDP.
- Consumer spending is a major driver of the Swedish economy.
FAQs
Q: What does this economic trend measure?
A: The Annual Retail Sales Index measures the year-over-year change in the total value of retail sales in Sweden.
Q: Why is this trend relevant for users or analysts?
A: The index provides valuable insight into consumer spending patterns and overall economic activity in Sweden, making it an important indicator for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as a percentage change from the previous year.
Q: How is this trend used in economic policy?
A: The Annual Retail Sales Index is closely monitored by policymakers to assess consumer demand and guide economic decision-making, such as adjusting monetary or fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly, with a typical delay of several weeks, and may be subject to revisions as more complete data becomes available.
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Sweden
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Sweden
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Share Prices: All Shares/Broad: Total for Sweden
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Stock Market Total Value Traded to GDP for Sweden
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Citation
U.S. Federal Reserve, Annual Retail Sales Index (SWEPROCONAISMEI), retrieved from FRED.