Average Price: Potatoes, White (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000712112 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.98
Year-over-Year Change
-1.21%
Date Range
3/1/1986 - 6/1/2025
Summary
This trend measures the average price paid by U.S. consumers for white potatoes. It is an important economic indicator for tracking food price inflation and consumer purchasing power.
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: Potatoes, White (Cost per Pound/453.6 Grams) in U.S. City Average' reports the monthly average price per pound for fresh white potatoes sold to urban consumers in the United States. This data point is used by economists and policymakers to monitor food price trends and assess the impact on household budgets.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The potato price trend provides insight into agricultural commodity markets and consumer spending patterns.
Key Facts
- White potatoes are a dietary staple for many American households.
- Potato prices can be influenced by factors like weather, supply chain issues, and trade policies.
- Monitoring potato prices is important for understanding overall food cost trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by U.S. consumers for a pound of fresh white potatoes.
Q: Why is this trend relevant for users or analysts?
A: Potato prices are an important component of the consumer price index and can indicate broader food cost inflation trends that impact household budgets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Potato price data is used by economists and policymakers to monitor food price inflation and assess the impact on consumer spending and purchasing power.
Q: Are there update delays or limitations?
A: The potato price data is reported monthly with a typical 1-2 month lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Average Price: Potatoes, White (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000712112), retrieved from FRED.