Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Russia
Monthly, Not Seasonally Adjusted
RUSLREM55TTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.67
Year-over-Year Change
5.49%
Date Range
8/1/2009 - 12/1/2021
Summary
This economic trend measures the total revenue for retail trade in Russia. It is a key indicator of consumer spending and overall 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 Revenue in Russia (Not Seasonally Adjusted) captures the total sales and receipts generated by the retail industry, a vital component of the Russian economy. This data provides insights into consumer confidence and demand.
Methodology
The data is collected through surveys of retail businesses across Russia.
Historical Context
Retail trade revenue is closely monitored by policymakers and analysts to assess the health of the Russian consumer sector.
Key Facts
- Russia is one of the world's largest retail markets.
- Retail trade accounts for over 15% of Russia's GDP.
- Retail revenue growth is a key indicator of consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by the retail trade sector in Russia, providing insights into consumer spending and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail trade revenue is a crucial indicator of consumer confidence and demand, making it essential for analysts and policymakers to monitor the health of the Russian consumer sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses across Russia.
Q: How is this trend used in economic policy?
A: Retail trade revenue is closely monitored by policymakers and analysts to assess the strength of the Russian consumer sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a potential delay of several weeks between the reference period and the publication of the figures.
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LFEMTTTTRUM647S
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Citation
U.S. Federal Reserve, Retail Trade Revenue in Russia (Not Seasonally Adjusted) (RUSLREM55TTSTM), retrieved from FRED.