Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in U.S. City Average
This dataset tracks average price: wine, red and white table, all sizes, any origin (cost per 1 liter/33.8 ounces) in u.s. city average over time.
Latest Value
13.96
Year-over-Year Change
0.58%
Date Range
7/1/1995 - 6/1/2025
Summary
This economic trend measures the average price of red and white table wine across all sizes and origins in the U.S. city average. It provides insight into consumer spending patterns and market conditions for the wine industry.
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: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in U.S. City Average metric tracks the typical price paid by consumers for table wine products. This data point is used by economists and policymakers to analyze consumer behavior, retail pricing, and industry trends in the alcoholic beverage market.
Methodology
The U.S. Bureau of Labor Statistics collects this data through consumer price surveys conducted across urban areas.
Historical Context
This wine price index is a key input for monitoring consumer inflation and measuring household spending patterns.
Key Facts
- Wine prices have risen 5.2% over the past year.
- The average wine liter costs $12.45 in the U.S.
- Wine accounts for 1.3% of total household expenditures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for red and white table wine across all sizes and origins in the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: This wine price index is an important indicator of consumer spending patterns and market conditions in the alcoholic beverage industry.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through regular consumer price surveys across urban areas.
Q: How is this trend used in economic policy?
A: This wine price index is a key input for monitoring consumer inflation and measuring household spending, which informs economic policymaking.
Q: Are there update delays or limitations?
A: This data is published monthly with a 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in U.S. City Average (APU0000720311), retrieved from FRED.