Sales: Retail Trade: Total Retail Trade: Volume for Brazil
SLRTTO01BRQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.02
Year-over-Year Change
92.22%
Date Range
1/1/2001 - 1/1/2025
Summary
This economic indicator measures the volume of total retail trade in Brazil, providing insights into consumer spending and the overall health of the Brazilian 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 Retail Trade: Total Retail Trade: Volume for Brazil series tracks the quantity of goods and services sold by Brazilian retailers, which is a key indicator of consumer demand and economic activity. This trend is widely used by economists, policymakers, and market analysts to gauge the strength of the Brazilian consumer sector.
Methodology
The data is collected through surveys of Brazilian retail establishments and calculated as an index with a base year of 2010.
Historical Context
Trends in Brazilian retail trade volume are closely monitored for their implications on monetary and fiscal policy decisions.
Key Facts
- Brazil is one of the world's largest retail markets.
- Retail trade accounts for over 10% of Brazil's GDP.
- Consumer spending is a major driver of the Brazilian economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total volume of retail trade in Brazil, which includes the sale of goods and services by Brazilian retailers to consumers.
Q: Why is this trend relevant for users or analysts?
A: Trends in Brazilian retail trade volume provide important insights into consumer demand and the overall health of the Brazilian economy, 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 Brazilian retail establishments and calculated as an index with a base year of 2010.
Q: How is this trend used in economic policy?
A: Fluctuations in Brazilian retail trade volume are closely monitored by the Brazilian government and central bank, as they have significant implications for monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be a short delay in the release of the latest retail trade data, as it is collected through surveys of retail establishments.
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Citation
U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Volume for Brazil (SLRTTO01BRQ659S), retrieved from FRED.