Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for France
SLRTTO01FRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.97
Year-over-Year Change
31.96%
Date Range
1/1/1975 - 1/1/2023
Summary
This economic trend measures the volume of retail trade activity in France, excluding the motor vehicle and motorcycle sectors. It provides insights into the overall health and consumer demand in the French retail industry.
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 Volume index tracks the total value of goods sold through French retail establishments, adjusted for inflation. It serves as a key indicator of consumer spending and economic conditions, helping analysts and policymakers understand broader trends in the French economy.
Methodology
The data is collected through surveys of retail businesses and calculated as an index based on sales volumes.
Historical Context
Retail trade data is closely monitored by economists and policymakers to assess consumer confidence and guide economic policies.
Key Facts
- Retail trade accounts for over 10% of France's GDP.
- Retail sales declined sharply during the COVID-19 pandemic.
- The index is a leading indicator of broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of retail sales in France, excluding motor vehicles and motorcycles. It provides insights into consumer demand and broader economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail trade data is a key indicator of consumer spending and economic health, helping analysts and policymakers assess the state of the French economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses and calculated as an index based on sales volumes.
Q: How is this trend used in economic policy?
A: Retail trade data is closely monitored by economists and policymakers to gauge consumer confidence and guide economic policies, such as interest rates and fiscal measures.
Q: Are there update delays or limitations?
A: The data is subject to occasional revisions and may have a short publication delay, but generally provides timely insights into the French retail sector.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for France (SLRTTO01FRA661N), retrieved from FRED.