Sales: Retail Trade: Total Retail Trade: Volume for Portugal
PRTSLRTTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.13
Year-over-Year Change
365.54%
Date Range
2/1/1990 - 5/1/2025
Summary
This economic trend measures the total volume of retail trade in Portugal, providing insights into 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
The Retail Trade: Total Retail Trade: Volume for Portugal is an important indicator of the overall health of the Portuguese economy. It tracks the total volume of retail sales, which reflects consumer demand and confidence.
Methodology
The data is collected through surveys of retail businesses and calculated as an index.
Historical Context
Policymakers and analysts use this trend to gauge the strength of domestic consumption and inform economic decision-making.
Key Facts
- Portugal's retail trade volume index has a base year of 2015.
- Retail trade accounts for a significant portion of Portugal's GDP.
- The trend is released monthly by the Portuguese National Statistics Institute.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of retail trade in Portugal, including sales of goods and services by retail establishments.
Q: Why is this trend relevant for users or analysts?
A: The retail trade volume is an important indicator of consumer spending and economic activity, providing insights into the strength of domestic demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index by the Portuguese National Statistics Institute.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the strength of the Portuguese economy and inform decisions related to monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The retail trade volume data is released monthly with a relatively short lag, providing timely insights for analysts and policymakers.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for Portugal (PRTSLRTTO01GPSAM), retrieved from FRED.