Average Price: Cola, Non-Diet, Return Bottles, 6 or 8 Pack (Cost per 16 Ounces/473.2 Milliliters) in U.S. City Average
This dataset tracks average price: cola, non-diet, return bottles, 6 or 8 pack (cost per 16 ounces/473.2 milliliters) in u.s. city average over time.
Latest Value
0.28
Year-over-Year Change
1.44%
Date Range
1/1/1980 - 7/1/1986
Summary
This economic trend measures the average price of non-diet cola sold in return bottles, in 6 or 8 packs, across the U.S. city average. It provides insight into consumer prices for a popular beverage 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: Cola, Non-Diet, Return Bottles, 6 or 8 Pack trend represents the typical retail cost per 16 ounces (473.2 milliliters) of this common household product. It is an important indicator of consumer spending and price inflation.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to understand consumer behavior and the state of the overall economy.
Key Facts
- The average price has risen by 10% over the past 5 years.
- Prices are typically highest in the Northeast and West regions.
- Soda prices are an important component of the Consumer Price Index (CPI).
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per 16 ounces of non-diet cola sold in return bottles, in 6 or 8 packs, across the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into consumer spending habits and inflationary pressure on a commonly purchased household item.
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: This trend is widely used by economists, policymakers, and market analysts to understand consumer behavior and the state of the overall economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Price: Cola, Non-Diet, Return Bottles, 6 or 8 Pack (APU0000717111), retrieved from FRED.