Sales: Retail Trade: Total Retail Trade: Value for Germany
Monthly, Seasonally Adjusted
DEUSLRTTO02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.10
Year-over-Year Change
0.07%
Date Range
1/1/1960 - 11/1/2023
Summary
This economic indicator measures the monthly retail trade turnover in Germany, adjusted for seasonal variations. It is a key metric for tracking consumer demand and 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 German Retail Trade Turnover is a monthly index that tracks the total value of retail sales in Germany, accounting for seasonal factors. It is a widely followed indicator of consumer spending and sentiment in the German economy.
Methodology
The data is collected through surveys of retail businesses and calculated by the German Federal Statistical Office.
Historical Context
Economists and policymakers use this trend to assess the health of the German consumer sector and make informed decisions.
Key Facts
- Germany is the largest economy in the Eurozone.
- Retail sales account for over 30% of Germany's GDP.
- The retail trade turnover index is published monthly by the German Federal Statistical Office.
FAQs
Q: What does this economic trend measure?
A: The German Retail Trade Turnover index measures the monthly sales volume in the German retail sector, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into consumer spending and sentiment in the German economy, which is a key driver of overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated by the German Federal Statistical Office.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor the German retail trade turnover to assess the health of consumer demand and make informed decisions about fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (DEUSLRTTO02IXOBSAM), retrieved from FRED.