Sales: Retail Trade: Total Retail Trade: Value for Sweden
Monthly, Not Seasonally Adjusted
SWESLRTTO02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.01
Year-over-Year Change
5.75%
Date Range
1/1/1991 - 10/1/2023
Summary
This monthly, not seasonally adjusted economic trend measures the Swedish retail trade turnover index. It is a key indicator of consumer spending and economic activity in Sweden.
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 Swedish retail trade turnover index tracks the total value of retail sales, providing insight into consumer demand and the overall state of the Swedish economy. It is closely monitored by economists, policymakers, and businesses to assess economic conditions.
Methodology
The data is collected through surveys of retail businesses in Sweden.
Historical Context
The retail trade turnover index is used to inform economic policy decisions and investment strategies.
Key Facts
- Sweden is one of the largest economies in Northern Europe.
- Retail sales account for a significant portion of Sweden's GDP.
- The retail trade turnover index is published monthly by the Swedish statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Swedish retail trade turnover index measures the total value of retail sales in Sweden on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer demand and overall economic activity in Sweden, which is important for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail businesses in Sweden.
Q: How is this trend used in economic policy?
A: The retail trade turnover index is used by economists and policymakers to assess the state of the Swedish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a short delay, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SWESLRTTO02IXOBM), retrieved from FRED.