Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in U.S. City Average
APU0000717325 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.51
Year-over-Year Change
5.84%
Date Range
1/1/1984 - 9/1/1984
Summary
This economic trend measures the average retail price of freeze-dried regular coffee in the U.S. It provides insight into consumer price trends for a widely consumed commodity.
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, Freeze Dried, Regular, All Sizes series tracks the cost per 16 ounces or 453.6 grams of this household item across U.S. urban areas. It is a key indicator of inflationary pressures in the consumer packaged goods sector.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is closely monitored by economists, policymakers, and market analysts to assess consumer demand and overall economic conditions.
Key Facts
- Coffee is one of the most widely traded commodities globally.
- Freeze-dried coffee accounts for a significant portion of U.S. coffee consumption.
- Prices for this product can be impacted by global supply and demand dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of freeze-dried regular coffee per 16 ounces or 453.6 grams in the U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides important insights into consumer spending patterns and inflationary pressures in the consumer packaged goods sector.
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 closely monitored by economists, policymakers, and market analysts to assess consumer demand and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into this important consumer price trend.
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Citation
U.S. Federal Reserve, Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in U.S. City Average (APU0000717325), retrieved from FRED.