Sales: Retail trade: Total retail trade: Volume for the European Union
Index 2015=100, Monthly, Seasonally Adjusted
EU28SLRTTO01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.00
Year-over-Year Change
2.66%
Date Range
1/1/1995 - 1/1/2020
Summary
This economic indicator tracks the seasonally adjusted index of real earnings in the European Union, with 2015 as the base year. It provides insight into changes in employee purchasing power and productivity trends.
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 real earnings index measures the purchasing power of wages in the EU, adjusting for inflation. It is a key indicator for assessing economic conditions and living standards, with applications in policymaking and market analysis.
Methodology
The data is collected and calculated by Eurostat using harmonized surveys and official wage and price statistics.
Historical Context
This index informs decisions around monetary policy, wage negotiations, and economic forecasting.
Key Facts
- Base year is 2015 = 100.
- Measures inflation-adjusted wages in the European Union.
- Provides insight into employee living standards and productivity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the seasonally adjusted index of real earnings in the European Union, with 2015 as the base year. It measures the purchasing power of wages, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: The real earnings index is a key indicator for assessing economic conditions and living standards, with applications in policymaking, wage negotiations, and market analysis.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat using harmonized surveys and official wage and price statistics.
Q: How is this trend used in economic policy?
A: This index informs decisions around monetary policy, wage negotiations, and economic forecasting.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insight into EU wage trends.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly, Seasonally Adjusted (EU28SLRTTO01IXOBSAM), retrieved from FRED.