Average Price: Bread, Wheat Blend, Pan (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000702213 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
5.68%
Date Range
1/1/1980 - 12/1/1981
Summary
The 'Average Price: Bread, Wheat Blend, Pan (Cost per Pound/453.6 Grams) in U.S. City Average' series tracks the average retail price per pound of a common household bread product across U.S. urban areas. This metric is an important indicator of consumer food prices and inflation.
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 series represents the average price paid by consumers for a standard loaf of wheat-based bread in cities across the United States. It is a key component of the Consumer Price Index (CPI) and provides insight into food-related cost-of-living trends.
Methodology
The data is collected through surveys of retail outlets and calculated as a national average.
Historical Context
Policymakers and economists monitor this bread price index to assess household purchasing power and inflationary pressures.
Key Facts
- Bread is a dietary staple for many American households.
- The average price has risen steadily over the past decade.
- Bread prices are a key component of the Consumer Price Index.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average retail price per pound of a common wheat-based bread product across U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: Bread prices are an important indicator of household food costs and broader inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail outlets and calculated as a national average.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this bread price index to assess consumer purchasing power and inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays.
Similar APU Trends
Average Price: Gasoline, Leaded Regular (Cost per Gallon/3.8 Liters) in the West Census Region - Urban
APU040074712
Average Price: Cheddar Cheese, Natural (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200710212
Average Price: Bourbon Whiskey, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the South Census Region - Urban
APU0300720211
Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in the Northeast Census Region - Size Class C
APUC10072511
US Premium All Formulations Gas Price
GASPRMW
Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the Midwest Census Region - Urban
APU0200720311
Citation
U.S. Federal Reserve, Average Price: Bread, Wheat Blend, Pan (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000702213), retrieved from FRED.