Average Price: Coffee, Instant, Plain, Regular, All Sizes (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300717327 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.10
Year-over-Year Change
-0.44%
Date Range
7/1/1995 - 9/1/2001
Summary
This economic trend measures the average price of instant, plain, regular coffee in the South Census Region's urban areas, providing insights into consumer prices and 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: Coffee, Instant, Plain, Regular, All Sizes (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key indicator that tracks the retail cost of a common household item. This data is used by economists and policymakers to monitor consumer spending patterns and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This coffee price trend is a component of the Consumer Price Index, which is a primary gauge of inflation used in economic policy decisions.
Key Facts
- Coffee is a major consumer good in the United States.
- The South Census Region accounts for a large share of the U.S. population.
- Instant coffee is a popular and affordable coffee type.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of instant, plain, regular coffee in the South Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending patterns and inflationary pressures, which are important for economic policy decisions.
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 coffee price trend is a component of the Consumer Price Index, a primary gauge of inflation used in economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the Consumer Price Index.
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Citation
U.S. Federal Reserve, Average Price: Coffee, Instant, Plain, Regular, All Sizes (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300717327), retrieved from FRED.