Sales: Retail Trade: Total Retail Trade: Value for Portugal
Index Eurostat base, Monthly, Seasonally Adjusted
PRTSLRTTO02IXEBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145.00
Year-over-Year Change
3.06%
Date Range
1/1/1995 - 11/1/2023
Summary
This economic indicator tracks the Eurostat-based retail sales index in Portugal on a monthly, seasonally adjusted basis. It provides insight into consumer spending and demand trends within the Portuguese economy.
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 Eurostat-based retail sales index measures the volume of retail trade in Portugal. This key indicator helps economists and policymakers assess the health of the Portuguese consumer sector and broader economic conditions.
Methodology
The data is collected through surveys of Portuguese retailers and calculated by Eurostat using a standardized methodology.
Historical Context
Retail sales trends are closely monitored by analysts and policymakers for their implications on economic growth, inflation, and consumer confidence.
Key Facts
- The index has a base year of 2015 = 100.
- Retail sales account for over 50% of total consumer spending in Portugal.
- The index is released on a monthly basis with a 1-2 month reporting lag.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the volume of retail trade in Portugal on a monthly, seasonally adjusted basis using a Eurostat-based index.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and economic health, making this data highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Portuguese retailers and calculated by Eurostat using a standardized methodology.
Q: How is this trend used in economic policy?
A: Retail sales trends are closely monitored by analysts and policymakers for their implications on economic growth, inflation, and consumer confidence.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis with a 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Index Eurostat base, Monthly, Seasonally Adjusted (PRTSLRTTO02IXEBSAM), retrieved from FRED.