Average Price: Margarine, Vegetable Oil Blends, Soft, Tubs (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400716113 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.95
Year-over-Year Change
7.82%
Date Range
1/1/1980 - 8/1/1982
Summary
This economic trend measures the average price of margarine, vegetable oil blends, soft, and tubs in the West Census Region of the United States. It provides insights into consumer prices and inflation within the region.
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: Margarine, Vegetable Oil Blends, Soft, Tubs (Cost per Pound/453.6 Grams) in the West Census Region - Urban series tracks the average retail price of this common household item. It is an important indicator for economists and policymakers analyzing consumer spending and the cost of living.
Methodology
The data is collected through surveys of retail stores in the West Census Region.
Historical Context
This price trend is used to monitor consumer inflation and guide economic policy decisions.
Key Facts
- The average price is reported in cost per pound/453.6 grams.
- The data covers the West Census Region, which includes 13 states.
- Margarine and vegetable oil blends are common household items.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of margarine, vegetable oil blends, soft, and tubs in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend is an important indicator for analyzing consumer spending, inflation, and the cost of living in the West Census Region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail stores in the West Census Region.
Q: How is this trend used in economic policy?
A: This price trend is used by economists and policymakers to monitor consumer inflation and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Federal Reserve's consumer price surveys.
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Citation
U.S. Federal Reserve, Average Price: Margarine, Vegetable Oil Blends, Soft, Tubs (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400716113), retrieved from FRED.