Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000717312 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.83
Year-over-Year Change
1.94%
Date Range
1/1/1980 - 8/1/1988
Summary
This economic trend measures the average price of ground roast coffee in the U.S. It provides insights into consumer price dynamics and inflation for a key consumer staple product.
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: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in U.S. City Average trend tracks the retail price of a standard ground coffee product. It is a key indicator used by economists and policymakers to assess consumer purchasing power and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments across the United States.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions in the context of monetary policy and inflation targeting.
Key Facts
- Coffee is a major consumer staple product.
- Ground roast coffee accounts for a significant portion of household food expenditures.
- Monitoring coffee prices helps assess broader inflationary trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of ground roast coffee in 13.1-20 ounce cans across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer purchasing power and inflationary pressures, as coffee is a widely consumed consumer staple product.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments across the United States.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions in the context of monetary policy and inflation targeting.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the trend may not capture all coffee product variations.
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Citation
U.S. Federal Reserve, Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000717312), retrieved from FRED.