Sales: Retail Trade: Total Retail Trade: Value for Estonia
Index Eurostat base, Monthly, Not Seasonally Adjusted
ESTSLRTTO02IXEBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
173.60
Year-over-Year Change
-6.67%
Date Range
1/1/1995 - 11/1/2023
Summary
The Index Eurostat base, Monthly, Not Seasonally Adjusted metric tracks the monthly change in retail trade volume in the Eurozone, a key indicator of 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 measures the total volume of retail sales across the Eurozone, providing insights into consumer demand and the health of the broader economy. It is a closely watched indicator used by economists and policymakers to assess economic conditions.
Methodology
The data is collected and calculated by Eurostat through surveys of retail businesses.
Historical Context
Retail trade volumes are a important input for monetary and fiscal policy decisions.
Key Facts
- The index uses 2015 as the base year (2015=100).
- Retail trade accounts for over 50% of household consumption in the Eurozone.
- Retail sales data is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Index Eurostat base, Monthly, Not Seasonally Adjusted metric tracks the monthly change in the volume of retail sales across the Eurozone.
Q: Why is this trend relevant for users or analysts?
A: Retail trade volumes are a key indicator of consumer demand and economic activity, making this index highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat through surveys of retail businesses in the Eurozone.
Q: How is this trend used in economic policy?
A: Retail trade volumes are an important input for monetary and fiscal policy decisions, as they provide insights into consumer spending and the broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical update delay of 2-3 weeks.
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Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: National Currency: USD for Estonia
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Not Seasonally Adjusted (ESTSLRTTO02IXEBM), retrieved from FRED.