Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000716114 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.37
Year-over-Year Change
8.80%
Date Range
1/1/1984 - 5/1/2014
Summary
This economic trend measures the average price of margarine, stick form, per pound in the U.S. city average. It provides insights into consumer prices and inflation trends for this common household item.
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: Margarine, Stick trend tracks the typical cost of a pound of margarine in U.S. urban areas. It is an important indicator of consumer price dynamics and can inform economic analysis and policymaking.
Methodology
The data is collected through the Bureau of Labor Statistics' monthly Consumer Price Index (CPI) survey of retail prices.
Historical Context
This trend is used by economists, policymakers, and market analysts to monitor inflation and household purchasing power.
Key Facts
- Margarine prices have risen 25% over the past decade.
- Margarine is a commonly used substitute for butter.
- Margarine prices can impact consumer budgets and household decision-making.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of margarine in stick form, per pound, across U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: Margarine prices are an important indicator of consumer inflation and household purchasing power, making this trend relevant for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' monthly Consumer Price Index (CPI) survey of retail prices.
Q: How is this trend used in economic policy?
A: Margarine price trends are used by economists, policymakers, and market analysts to monitor inflation and understand changes in household spending and purchasing power.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into margarine price movements.
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Citation
U.S. Federal Reserve, Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000716114), retrieved from FRED.