Sales: Retail Trade: Total Retail Trade: Volume for Portugal
PRTSLRTTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.82
Year-over-Year Change
42.40%
Date Range
1/1/1991 - 5/1/2025
Summary
This economic indicator tracks the volume of total retail trade in Portugal, providing insights into consumer spending and the broader economic climate.
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 measures the inflation-adjusted turnover of the retail sector, a key barometer of domestic demand and overall economic health. Policymakers and analysts use this data to assess the state of the Portuguese consumer economy.
Methodology
The data is collected through surveys of retail businesses and calculated by the Portuguese national statistics agency.
Historical Context
Retail trade trends are closely monitored by policymakers and investors to gauge the strength of consumer spending and the broader economic outlook.
Key Facts
- Portugal's retail trade volume accounts for over 20% of its total GDP.
- Retail sales typically peak in December due to holiday shopping.
- The COVID-19 pandemic caused a sharp decline in Portuguese retail trade in 2020.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of retail trade in Portugal, providing insights into consumer spending and demand.
Q: Why is this trend relevant for users or analysts?
A: Retail trade is a key barometer of domestic economic health, so this data is closely watched by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Portuguese retail businesses and calculated by the national statistics agency.
Q: How is this trend used in economic policy?
A: Retail trade figures help policymakers and central banks assess the strength of consumer demand and shape appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions by the statistics agency.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for Portugal (PRTSLRTTO01GYSAM), retrieved from FRED.