Average Price: Potato Chips (Cost per 16 Ounces) in U.S. City Average
APU0000718311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.82
Year-over-Year Change
3.79%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend tracks the average price of potato chips per 16 ounces in the U.S. city average, providing insights into consumer food prices.
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: Potato Chips (Cost per 16 Ounces) in U.S. City Average series measures the typical retail price of potato chip products across major U.S. urban areas. This data is used by economists and policymakers to analyze trends in consumer food costs and inflation.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Potato chip prices are an important component of the Consumer Price Index, a key indicator of U.S. inflation.
Key Facts
- Potato chips are a popular snack food in the U.S.
- Prices are tracked in the CPI, a key measure of inflation.
- Prices can be influenced by factors like commodity costs and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of potato chips sold in 16-ounce packages across major U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: Potato chip prices are an important component of the Consumer Price Index, a key indicator used to track and analyze U.S. inflation.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Potato chip prices provide insights into consumer food costs that are relevant for policymakers monitoring inflation and the overall state of the economy.
Q: Are there update delays or limitations?
A: There may be lags of several weeks between the reference period and data publication by the government statistical agency.
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Citation
U.S. Federal Reserve, Average Price: Potato Chips (Cost per 16 Ounces) in U.S. City Average (APU0000718311), retrieved from FRED.