Average Price: Cheddar Cheese, Natural (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300710212 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.34
Year-over-Year Change
0.49%
Date Range
1/1/1984 - 6/1/2025
Summary
This economic trend measures the average price of cheddar cheese in the South Census Region's urban areas. It is an important indicator for monitoring food prices and consumer inflation.
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: Cheddar Cheese, Natural (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the retail price of this common dairy product. This data is used by economists and policymakers to assess changes in the cost of living and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price index is a component of the Consumer Price Index, a key measure of inflation used in monetary policy decisions.
Key Facts
- The South Census Region includes 16 U.S. states.
- Cheddar cheese is a widely consumed dairy product.
- Prices are reported in U.S. dollars per pound.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of cheddar cheese sold in urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Cheddar cheese prices are an important component of consumer price indices, providing insight into food cost inflation and household purchasing power.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data through surveys of retail establishments.
Q: How is this trend used in economic policy?
A: The cheddar cheese price index is used by the Federal Reserve and other policymakers to monitor consumer inflation and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a brief lag, and may not fully capture regional price variations within the South Census Region.
Similar APU Trends
Average Price: Milk, Fresh, Whole, Fortified, per One-Half Gallon (1.9 Liters) in U.S. City Average
APU0000709111
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Cleveland-Akron, OH (CBSA)
APUA2107471A
Average Price: Electricity per Kilowatt-Hour in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA)
APUS12B72610
Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Boston-Cambridge-Newton, MA-NH (CBSA)
APUS11A72511
PADD III (Gulf Coast District) Premium Conventional Gas Price
GASPRMCOVGCA
Average Price: Beef for Stew, Boneless (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000703432
Citation
U.S. Federal Reserve, Average Price: Cheddar Cheese, Natural (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300710212), retrieved from FRED.