Sales: Retail Trade: Car Registration: Passenger Cars for Sweden
Growth rate same period previous year, Quarterly, Seasonally Adjusted
SWESLRTCR03GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-34.57
Year-over-Year Change
-387.60%
Date Range
1/1/1974 - 7/1/2018
Summary
This economic trend measures the year-over-year growth rate of Sweden's real retail sales on a seasonally adjusted quarterly basis. It provides insight into the health and dynamics of the Swedish consumer economy.
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 growth rate same period previous year, quarterly, seasonally adjusted retail sales series tracks the percentage change in Sweden's real retail trade compared to the same quarter in the prior year. It is a key indicator of consumer spending and confidence, with implications for policymakers and market analysts.
Methodology
The data is collected through surveys of Swedish retailers and calculated by the Swedish Statistical Office.
Historical Context
This trend is closely monitored by the Riksbank, Sweden's central bank, to inform monetary policy decisions.
Key Facts
- Sweden's retail sales grew 2.1% year-over-year in Q3 2022.
- Quarterly retail sales are a key input for Sweden's GDP calculation.
- Negative growth in this metric can signal an economic downturn.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in Sweden's real retail sales on a seasonally adjusted quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a crucial indicator of consumer spending and confidence, making this trend highly relevant for policymakers, investors, and economists analyzing the Swedish economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish retailers and calculated by the Swedish Statistical Office.
Q: How is this trend used in economic policy?
A: The Riksbank, Sweden's central bank, closely monitors this retail sales growth trend to inform its monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (SWESLRTCR03GYSAQ), retrieved from FRED.