Retail Trade Sales: Passenger Car Registrations for France
SLRTCR03FRQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.67
Year-over-Year Change
117.59%
Date Range
1/1/1960 - 7/1/2018
Summary
The Retail Trade Sales: Passenger Car Registrations for France trend measures new passenger car registrations in France, a key indicator of consumer demand 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 monthly series tracks the number of new passenger cars registered in France, providing insights into consumer spending and market confidence. It is a widely-followed metric for economists and policymakers analyzing the health of the French retail and automotive sectors.
Methodology
The data is collected by the French Ministry of the Interior and reported through official channels.
Historical Context
This trend is closely watched by auto industry analysts, government agencies, and economists to assess the strength of French consumer demand and broader economic conditions.
Key Facts
- France is the second-largest automotive market in Europe.
- New passenger car registrations are a leading indicator of consumer confidence.
- The automotive sector accounts for over 10% of France's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new passenger cars registered in France each month, providing insights into consumer demand and retail activity.
Q: Why is this trend relevant for users or analysts?
A: New passenger car registrations are a key indicator of consumer spending and economic health, making this trend highly relevant for analysts, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the French Ministry of the Interior and reported through official channels.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the strength of consumer demand, which informs decisions on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a typical 2-3 month delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Retail Trade Sales: Passenger Car Registrations for France (SLRTCR03FRQ657S), retrieved from FRED.