Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000711211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
4.64%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of bananas per pound in the U.S. city average, providing insight into 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
The Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average is a key indicator of food costs and consumer purchasing power. It tracks the typical market price for this common household grocery item across major U.S. urban areas.
Methodology
The data is collected through surveys of retail establishments and calculated as a national average.
Historical Context
This banana price index is closely monitored by policymakers, economists, and market analysts to assess overall consumer inflation.
Key Facts
- Bananas are one of the most widely consumed fruits globally.
- Banana prices can be influenced by factors like weather, transportation, and supply chain disruptions.
- Changes in banana prices impact the overall cost of living for many households.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of bananas per pound in the U.S. city average, providing insight into consumer food costs.
Q: Why is this trend relevant for users or analysts?
A: Banana prices are a key component of consumer price indices and indicate broader trends in food inflation and household purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a national average price per pound.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and market analysts closely monitor banana prices as an input to assessing overall consumer inflation and the cost of living.
Q: Are there update delays or limitations?
A: The banana price data is published monthly with minimal delay, though it may not fully capture regional variations in pricing.
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Citation
U.S. Federal Reserve, Average Price: Bananas (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000711211), retrieved from FRED.