Sales: Retail Trade: Total Retail Trade: Volume for France
Index Eurostat base, Monthly, Not Seasonally Adjusted
FRASLRTTO01IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.00
Year-over-Year Change
-1.43%
Date Range
1/1/1975 - 11/1/2023
Summary
The Eurostat Index measures changes in retail trade turnover for France on a monthly basis, providing insights 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
This index tracks the volume of retail sales in France, a key indicator of consumer demand and economic health. It is used by policymakers and analysts to assess the state of the French economy and consumer sentiment.
Methodology
The data is collected through surveys of retail businesses and calculated as an index relative to a base year.
Historical Context
The Eurostat Retail Trade Index is a widely monitored economic indicator that informs decisions by the European Central Bank and other institutions.
Key Facts
- The index uses 2015 as the base year.
- Retail trade accounts for around 20% of France's GDP.
- The index is released on a monthly basis by Eurostat.
FAQs
Q: What does this economic trend measure?
A: The Eurostat Retail Trade Index measures the monthly changes in the volume of retail sales in France, providing insights into consumer spending and demand.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health of the French economy, as consumer spending accounts for a significant portion of GDP. It is closely monitored by policymakers and analysts to assess economic conditions and consumer sentiment.
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, which is currently 2015.
Q: How is this trend used in economic policy?
A: The Eurostat Retail Trade Index informs decision-making by the European Central Bank and other institutions responsible for economic policy, as it provides insights into consumer demand and the overall state of the French economy.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis by Eurostat, with a typical delay of around 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Not Seasonally Adjusted (FRASLRTTO01IXEBM), retrieved from FRED.