Sales: Retail Trade: Total Retail Trade: Value for Austria
Index Eurostat base, Quarterly, Seasonally Adjusted
AUTSLRTTO02IXEBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.83
Year-over-Year Change
12.47%
Date Range
1/1/2000 - 7/1/2023
Summary
The Eurostat base index, reported quarterly and seasonally adjusted, measures changes in retail trade turnover. This key economic indicator provides insights into consumer spending and broader economic conditions.
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 Eurostat base index of retail trade turnover tracks monthly changes in the total value of sales across the retail sector. It is a vital statistic used by economists and policymakers to gauge consumer demand and the overall health of the economy.
Methodology
The data is collected through surveys of retail businesses and calculated as a seasonally adjusted index.
Historical Context
Retail trade is a major component of GDP, so this index is closely watched for signals about economic growth and consumer confidence.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Retail trade accounts for over 30% of GDP in many advanced economies.
- Quarterly data is published approximately 2 months after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Eurostat base index of retail trade turnover tracks monthly changes in the total value of sales across the retail sector.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a major component of GDP, so this index is closely watched for signals about economic growth and consumer confidence.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as a seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to gauge consumer demand and the overall health of the economy.
Q: Are there update delays or limitations?
A: Quarterly data is published approximately 2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Seasonally Adjusted (AUTSLRTTO02IXEBSAQ), retrieved from FRED.