Retail sales index is the special economic indicator that describes supply and demand balance in the market. This indicator is calculated as an index that describes the sales rate in the certain country.
The retail sales index itself is divided into two categories: including car sales and excluding it. Assigning the cars’ sales in the separate category is important because this is a very variable indicator that can create the incorrect understanding of the country’s economy. For this reason, investors pay attention to the part of an indicator that is formed without the analysis of the cars’ sales.
Retail sales index is important in terms of long-term and mid-term trading. It is published in the middle of each month, but the market’s reaction to these data is usually slow.