Sales: Retail Trade: Total Retail Trade: Value for France

SLRTTO02FRQ661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

139.92

Year-over-Year Change

19.53%

Date Range

1/1/1971 - 7/1/2023

Summary

The 'Sales: Retail Trade: Total Retail Trade: Value for France' series measures the total value of retail sales in France, providing insight 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

This economic indicator tracks the overall value of goods sold through the retail sector in France. It is a key measure of consumer demand and a barometer for the broader health of the French economy.

Methodology

The data is collected through surveys of French retail businesses and compiled by the national statistical agency.

Historical Context

Retail sales figures are closely monitored by policymakers, analysts, and businesses to assess consumer confidence and guide economic forecasting.

Key Facts

  • France is the world's 6th largest retail market.
  • Retail trade accounts for over 10% of France's GDP.
  • E-commerce represents 10% of total French retail sales.

FAQs

Q: What does this economic trend measure?

A: The 'Sales: Retail Trade: Total Retail Trade: Value for France' series measures the total value of retail sales across all sectors in France.

Q: Why is this trend relevant for users or analysts?

A: Retail sales are a key indicator of consumer demand and economic health, making this data highly relevant for policymakers, businesses, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of French retail businesses and compiled by the national statistical agency.

Q: How is this trend used in economic policy?

A: Retail sales figures are closely monitored by policymakers to assess consumer confidence and guide economic forecasting and policy decisions.

Q: Are there update delays or limitations?

A: The data is published with a short lag, typically 1-2 months after the reference period, and may be subject to revisions.

Related Trends

Citation

U.S. Federal Reserve, Sales: Retail Trade: Total Retail Trade: Value for France (SLRTTO02FRQ661S), retrieved from FRED.