Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Japan
JPNSARTQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.82
Year-over-Year Change
1.65%
Date Range
1/1/1955 - 10/1/2023
Summary
This economic trend measures the volume of retail trade activity in Japan, excluding motor vehicles and motorcycles. It provides valuable insights into consumer spending and overall economic health.
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 Volume index tracks the level of sales and trade activity in the Japanese retail sector, a key indicator of consumer demand and economic performance. Analysts and policymakers use this data to assess the strength of the domestic market and consumer confidence.
Methodology
The data is collected through surveys of retail establishments and calculated as an index relative to a base year.
Historical Context
Retail trade volumes are closely watched by the Bank of Japan and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the Retail Trade Volume index is 2015.
- Retail trade makes up approximately 30% of Japan's GDP.
- Retail sales have been a key driver of Japan's economic recovery in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall volume of retail trade activity in Japan, excluding the motor vehicle and motorcycle sectors.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a vital indicator of consumer demand and overall economic health, making this data highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Retail trade volumes are closely monitored by the Bank of Japan and other institutions to inform monetary and fiscal policy decisions that aim to support consumer spending and economic growth.
Q: Are there update delays or limitations?
A: The Retail Trade Volume data is published quarterly with a delay of approximately two months.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Japan (JPNSARTQISMEI), retrieved from FRED.