Sales: Retail Trade: Total Retail Trade: Value for Austria
Index Eurostat base, Monthly, Not Seasonally Adjusted
AUTSLRTTO02IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
130.30
Year-over-Year Change
1.16%
Date Range
1/1/2000 - 11/1/2023
Summary
The Index Eurostat base, Monthly, Not Seasonally Adjusted measures a monthly index of retail trade turnover in Austria. This economic indicator provides insights into consumer spending and domestic demand in the Austrian 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 Index Eurostat base, Monthly, Not Seasonally Adjusted tracks the monthly volume of retail trade turnover in Austria. It serves as a key indicator of consumer purchasing power and economic health, and is widely used by policymakers, analysts, and businesses to assess the state of the Austrian retail sector.
Methodology
The data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
This retail trade index is closely monitored by the European Central Bank and other economic institutions to inform policy decisions.
Key Facts
- The index uses 2015 as the base year (2015=100).
- Retail trade accounts for around 20% of Austria's GDP.
- The index reached a record high of 114.5 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base, Monthly, Not Seasonally Adjusted measures the monthly volume of retail trade turnover in Austria.
Q: Why is this trend relevant for users or analysts?
A: This retail trade index provides valuable insights into consumer spending and domestic demand in the Austrian economy, which is crucial for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: The Index Eurostat base, Monthly, Not Seasonally Adjusted is closely monitored by the European Central Bank and other economic institutions to inform policy decisions related to the Austrian and European economies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of around 2 months.
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Not Seasonally Adjusted (AUTSLRTTO02IXEBM), retrieved from FRED.