Sales: Retail Trade: Total Retail Trade: Value for Austria
Index Eurostat base, Monthly, Seasonally Adjusted
AUTSLRTTO02IXEBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.00
Year-over-Year Change
1.83%
Date Range
1/1/2000 - 11/1/2023
Summary
The Eurostat Base Index, Seasonally Adjusted measures the monthly changes in Austria's retail trade, 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 Austria, a key indicator of consumer demand and overall economic health. It is a valuable tool for economists and policymakers to monitor consumer behavior and inform decision-making.
Methodology
The data is collected through surveys of retail businesses and calculated as an index based on a reference year.
Historical Context
Retail trade data is closely watched by central banks and governments to assess the strength of private consumption and guide economic policies.
Key Facts
- Austria's retail trade index is based on 2015 as the reference year.
- The index is seasonally adjusted to account for typical monthly variations.
- Retail trade is a significant contributor to Austria's overall economic output.
FAQs
Q: What does this economic trend measure?
A: The Eurostat Base Index, Seasonally Adjusted measures the monthly changes in the volume of retail sales in Austria.
Q: Why is this trend relevant for users or analysts?
A: Retail trade data is a key indicator of consumer demand and overall economic activity, making it important for economists and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index based on a reference year.
Q: How is this trend used in economic policy?
A: Retail trade data is closely watched by central banks and governments to assess the strength of private consumption and guide economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical update delay of a few weeks.
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Seasonally Adjusted (AUTSLRTTO02IXEBSAM), retrieved from FRED.