interest rates ↔ retail sales

Relations (1)

related 2.00 — strongly supporting 3 facts

Interest rates and retail sales are both categorized as key macroeconomic indicators used to assess economic performance, as evidenced by their inclusion in lists of popular leading indicators in [1] and their status as primary economic metrics for the UK and Eurozone in [2] and [3].

Facts (3)

Sources

What Are the Key Macroeconomic Indicators? | IG International ig.com IG 3 facts

referenceKey Eurozone economic indicators include Interest rates (European Central Bank, Quarterly), GDP growth rates (Eurostat, Quarterly), Balance of trade (Eurostat, Monthly), Consumer confidence (Eurostat, Monthly), Unemployment rate (Eurostat, Monthly), Euro Area Consumer Price Index (Eurostat, Monthly), and Retail sales (Eurostat, Monthly).

referenceKey UK economic indicators include Interest rates (Bank of England, Quarterly), GDP growth rates (Office of National Statistics, Quarterly), Labour market statistics (Office of National Statistics, Every three months), Consumer Price Inflation Index (Office of National Statistics, Monthly), Producer Price Index (Office of National Statistics, Monthly), Retail sales (Office of National Statistics, Monthly), and Consumer trends report (Office of National Statistics, Every three months).

claimPopular leading macroeconomic indicators include the stock market, house prices, bond yields, production and manufacturing statistics, retail sales, and interest rates.