Average Price: Peaches, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000713312 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.94
Year-over-Year Change
2.50%
Date Range
7/1/1995 - 12/1/1997
Summary
This trend measures the average price paid by consumers for peaches of any variety and size in the U.S. city average. It provides insights into the cost of a common agricultural product that is an important part of the American diet.
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: Peaches, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average tracks the retail price paid by consumers for fresh peaches across the United States. This data point is a key indicator of fruit price inflation and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments and reflects the national average price paid per pound of peaches.
Historical Context
Policymakers and market analysts use this trend to assess broader agricultural price dynamics and consumer behavior.
Key Facts
- Peaches are a common summer fruit in the United States.
- Prices for peaches can fluctuate based on seasonal supply and demand.
- The data is reported as a national average price per pound.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for fresh peaches of any variety and size across the United States.
Q: Why is this trend relevant for users or analysts?
A: The peach price trend provides insight into fruit price inflation and consumer purchasing power, which are important considerations for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and reflects the national average price paid per pound of peaches.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess broader agricultural price dynamics and consumer behavior.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the underlying survey collection process.
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Citation
U.S. Federal Reserve, Average Price: Peaches, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000713312), retrieved from FRED.