Average Price: Lettuce, Iceberg (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000712211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.38
Year-over-Year Change
-20.85%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average retail price of iceberg lettuce per pound in the U.S. city average. It provides important insights into consumer food prices and inflation pressures.
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 Lettuce, Iceberg (Cost per Pound/453.6 Grams) in U.S. City Average trend tracks the monthly price of this common vegetable across major U.S. urban areas. It is a key indicator used by economists, policymakers, and market analysts to monitor food inflation and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments and calculated as a weighted average across reporting regions.
Historical Context
This price index helps inform decisions around monetary policy, consumer spending, and agricultural production.
Key Facts
- Lettuce is a common vegetable and dietary staple.
- Iceberg lettuce is the most widely consumed variety in the U.S.
- Prices can fluctuate due to weather, transportation, and other factors.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price of iceberg lettuce per pound across major U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: It provides important insights into consumer food prices and inflation pressures, informing economic decisions and policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a weighted average across reporting regions.
Q: How is this trend used in economic policy?
A: This price index helps inform decisions around monetary policy, consumer spending, and agricultural production.
Q: Are there update delays or limitations?
A: The data is released monthly with typical government publication lags.
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Citation
U.S. Federal Reserve, Average Price: Lettuce, Iceberg (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000712211), retrieved from FRED.