Sales: Retail trade: Car registration: Total for Germany
DEUSLRTCR01MLSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246,106.03
Year-over-Year Change
-10.54%
Date Range
1/1/1960 - 10/1/2018
Summary
This economic trend measures total car registrations in Germany's retail trade sector, providing insights into consumer demand 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
The Retail Trade: Car Registration: Total for Germany trend tracks the total number of new car registrations in the German retail trade industry. This metric serves as an indicator of consumer confidence, spending, and broader economic conditions in the country.
Methodology
The data is collected directly from the German vehicle registration authority.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to gauge the health of the German automotive and consumer sectors.
Key Facts
- Germany is the largest automotive market in Europe.
- Car sales account for a significant portion of German retail trade.
- New car registrations are a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new car registrations in the German retail trade sector, providing insights into consumer demand and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists, policymakers, and market analysts to gauge the health of the German automotive and consumer sectors.
Q: How is this data collected or calculated?
A: The data is collected directly from the German vehicle registration authority.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and institutions to assess consumer confidence, spending, and broader economic conditions in Germany.
Q: Are there update delays or limitations?
A: The data is released on a regular, timely basis with no significant delays or limitations.
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Citation
U.S. Federal Reserve, Sales: Retail trade: Car registration: Total for Germany (DEUSLRTCR01MLSAM), retrieved from FRED.