Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Size Class A
This dataset tracks average price: gasoline, unleaded premium (cost per gallon/3.785 liters) in size class a over time.
Latest Value
4.33
Year-over-Year Change
-5.81%
Date Range
1/1/1987 - 6/1/2025
Summary
This economic trend measures the average price of unleaded premium gasoline in the United States, a key indicator of consumer energy costs and broader inflationary pressures.
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: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Size Class A trend tracks the national average retail price for premium unleaded gasoline. This metric is widely used by economists, policymakers, and consumers to assess energy market dynamics and their impact on household budgets.
Methodology
The data is collected through a survey of gasoline retailers nationwide.
Historical Context
Fluctuations in this trend can influence consumer spending, transportation costs, and broader measures of inflation.
Key Facts
- Premium gasoline prices averaged $4.70 per gallon in June 2022.
- Gasoline prices have risen over 50% in the past year.
- Gasoline is a major household expense, accounting for 3-4% of consumer spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of unleaded premium gasoline in the United States, providing insight into energy costs for consumers.
Q: Why is this trend relevant for users or analysts?
A: Fluctuations in gasoline prices can have a significant impact on household budgets, transportation costs, and broader measures of inflation, making this trend a closely watched indicator.
Q: How is this data collected or calculated?
A: The data is collected through a nationwide survey of gasoline retailers.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor gasoline prices as a key input into decisions on interest rates, fiscal policy, and measures to address inflation.
Q: Are there update delays or limitations?
A: This data is published weekly with a short lag, providing timely insights into energy market conditions.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Size Class A (APUS00074716), retrieved from FRED.