Production, Sales, Work Started and Orders: Retail Trade Volume: Economic Activity: Retail Trade, Except of Motor Vehicles and Motorcycles for Russia
Quarterly, Not Seasonally Adjusted
SLRTTO01RUQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.72
Year-over-Year Change
5.96%
Date Range
1/1/1995 - 7/1/2021
Summary
This trend measures quarterly total retail sales in Russia, providing insights into consumer spending 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
The Quarterly, Not Seasonally Adjusted retail sales trend for Russia tracks total sales across various retail sectors on a quarterly basis. It is a key indicator of consumer demand and broader economic conditions.
Methodology
The data is collected through surveys of retail establishments and compiled by the Russian Federal State Statistics Service.
Historical Context
Policymakers and analysts use this trend to assess the health of the Russian consumer economy and inform macroeconomic decisions.
Key Facts
- Retail sales account for a significant portion of Russia's GDP.
- Quarterly data provides more granular insights than annual figures.
- Trend data is not seasonally adjusted, reflecting raw sales activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures total quarterly retail sales in Russia, providing insights into consumer spending and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Retail sales are a key indicator of consumer demand and broader economic conditions, making this trend important for policymakers and analysts assessing the health of the Russian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and compiled by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of the Russian consumer economy and inform macroeconomic decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a potential delay of several months between the end of the reporting period and the data publication.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (SLRTTO01RUQ661N), retrieved from FRED.