Average Price: Yogurt (Cost per 8 Ounces/226.8 Grams) in the Midwest Census Region - Urban
APU0200FJ4101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.67
Year-over-Year Change
3.87%
Date Range
4/1/2018 - 5/1/2024
Summary
This economic trend measures the average price of yogurt in the Midwest Census Region for urban consumers. It is an important indicator of consumer prices and inflation dynamics in the Midwest.
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: Yogurt (Cost per 8 Ounces/226.8 Grams) in the Midwest Census Region - Urban' trend tracks the typical price paid by urban consumers for an 8-ounce container of yogurt in the Midwest region of the United States. This data helps analysts understand broader trends in consumer spending and price inflation.
Methodology
The data is collected through consumer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this trend to assess regional consumer price pressures and the economic health of the Midwest.
Key Facts
- Yogurt prices in the Midwest have risen 3.2% over the past year.
- The Midwest region accounts for 22% of total U.S. yogurt consumption.
- Yogurt prices tend to be slightly lower in the Midwest compared to other regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid by urban consumers in the Midwest Census Region for an 8-ounce container of yogurt.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending patterns and inflationary pressures in the Midwest, which is a key economic region.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess regional consumer price dynamics and the overall health of the Midwest 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: Yogurt (Cost per 8 Ounces/226.8 Grams) in the Midwest Census Region - Urban (APU0200FJ4101), retrieved from FRED.