Sales: Retail Trade: Total Retail Trade: Value for Portugal
Index Eurostat base, Quarterly, Not Seasonally Adjusted
PRTSLRTTO02IXEBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.53
Year-over-Year Change
24.96%
Date Range
1/1/1995 - 7/1/2023
Summary
The Eurostat-based index measures quarterly changes in retail trade turnover in Portugal. It provides 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
This index tracks the total value of retail sales in Portugal on a quarterly basis, using Eurostat's harmonized methodology. It is a key indicator of consumer demand and sentiment, helping analysts assess the health of the Portuguese economy.
Methodology
The data is collected through surveys of retail businesses and compiled by Eurostat using standardized EU-wide procedures.
Historical Context
Policymakers and economists monitor this index to gauge consumer confidence and inform economic forecasting and policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- Retail trade accounts for over a fifth of Portugal's GDP.
- The index reached a record high of 115.2 in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: The Eurostat-based retail trade index measures quarterly changes in the total value of retail sales in Portugal, providing insights into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer demand and sentiment, helping analysts and policymakers assess the health of the Portuguese economy and inform economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and compiled by Eurostat using standardized EU-wide procedures.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this index to gauge consumer confidence and spending, which informs their assessments of economic conditions and policy decisions.
Q: Are there update delays or limitations?
A: The index is released quarterly, with a typical 2-3 month delay, and may be subject to revisions as additional data becomes available.
Related Trends
Ease of doing business index for Portugal
ICBUSEASEXQPRT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Portugal
PRTCP040000CTGYM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Portugal
LFIN55MAPTQ647N
Producer Prices Index: Economic Activities: Industrial Activities: Domestic for Portugal
PRTPIEATI02GYQ
Harmonized Index of Consumer Prices: Non-Energy Industrial Goods, Durables Only for Portugal
IGDXEDPTM086NEST
Harmonized Index of Consumer Prices: Photographic and Cinematographic Equipment and Optical Instruments for Portugal
CP0912PTM086NEST
Citation
U.S. Federal Reserve, Index Eurostat base, Quarterly, Not Seasonally Adjusted (PRTSLRTTO02IXEBQ), retrieved from FRED.