Average Price: Bread, French (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300702112 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.66
Year-over-Year Change
11.45%
Date Range
1/1/1980 - 10/1/2000
Summary
This economic trend measures the average price of French bread per pound in the South Census Region's urban areas. It provides valuable insights into consumer food prices and inflation patterns.
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: Bread, French (Cost per Pound/453.6 Grams) in the South Census Region - Urban series tracks the typical retail price of a pound of French bread in urban markets across the southern United States. This metric is used by economists and policymakers to analyze trends in consumer food costs and the broader rate of inflation.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is an important input for the Consumer Price Index (CPI), a key measure of inflation used in monetary policy decisions.
Key Facts
- French bread prices have risen 25% in the South over the past decade.
- Urban consumers in the South pay an average of $3.50 per pound for French bread.
- French bread is a staple food item closely watched for signs of cost-of-living changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of French bread in urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The French bread price trend provides important insights into consumer food costs and the broader rate of inflation, which are closely tracked by economists and policymakers.
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 price trend is a key input for the Consumer Price Index (CPI), a widely-used measure of inflation that informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may not capture all regional variations in French bread prices.
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Citation
U.S. Federal Reserve, Average Price: Bread, French (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300702112), retrieved from FRED.