Sales: Retail Trade: Total Retail Trade: Volume for Brazil
SLRTTO01BRA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.09
Year-over-Year Change
-51.49%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Sales: Retail Trade: Total Retail Trade: Volume for Brazil' series measures the total volume of retail sales in Brazil. This key economic indicator provides insights into consumer spending and overall 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 monthly metric tracks changes in the total volume of retail trade in Brazil, including sales of goods and services across diverse sectors. It is a widely followed indicator of consumer demand and is used by economists and policymakers to assess the health of the Brazilian economy.
Methodology
The data is collected through surveys of retail businesses and calculated as an index.
Historical Context
Trends in Brazilian retail trade volume are closely watched by market analysts and government agencies to gauge consumer confidence and inform economic policies.
Key Facts
- Retail trade accounts for over 10% of Brazil's GDP.
- Brazil's retail sector employs more than 10 million people.
- The COVID-19 pandemic significantly impacted Brazilian retail trade in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Sales: Retail Trade: Total Retail Trade: Volume for Brazil' series measures the total volume of retail sales across diverse sectors in Brazil.
Q: Why is this trend relevant for users or analysts?
A: Trends in Brazilian retail trade volume provide valuable insights into consumer spending and overall economic activity, making this a closely watched indicator by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Retail trade volume is an important indicator for assessing consumer confidence and guiding economic policies in Brazil, such as interest rates, taxation, and stimulus measures.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be lags in reporting or revisions to previous figures.
Related Trends
Number of Identified Exporters to Brazil from Virginia
VABRAA475SCEN
Real Residential Property Prices for Brazil
QBRR628BIS
Central government debt, total (% of GDP) for Brazil
DEBTTLBRA188A
Number of Identified Exporters to Brazil from Oregon
ORBRAA475SCEN
Use of Financial Services: Key Indicators, Loan Accounts with Credit Unions and Financial Cooperatives Per 1,000 Adults for Brazil
BRAFCNODUANUM
Leading Indicators OECD: Component Series: Share Prices: Normalised for Brazil
BRALOCOSPNOSTSAM
Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for Brazil (SLRTTO01BRA659S), retrieved from FRED.