Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA)
APUS24B74714 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.98
Year-over-Year Change
-9.98%
Date Range
1/1/1978 - 6/1/2025
Summary
This trend measures the average price of unleaded regular gasoline in the St. Louis, MO-IL metropolitan area. It provides valuable insight into the local cost of fuel, which is a key component of consumer spending and economic activity.
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 Regular metric represents the average cost per gallon of unleaded regular gasoline in the St. Louis, Missouri-Illinois Core Based Statistical Area (CBSA). This data point is closely monitored by economists and policymakers to gauge inflationary pressures and consumer purchasing power.
Methodology
The data is collected through surveys of gas stations within the St. Louis CBSA and calculated as an average across the region.
Historical Context
This gasoline price trend is used to inform economic forecasts, monetary policy decisions, and consumer sentiment analysis.
Key Facts
- St. Louis CBSA covers 15 counties in Missouri and Illinois.
- Gasoline is a major component of the Consumer Price Index (CPI).
- Prices can fluctuate based on supply, demand, and geopolitical factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of unleaded regular gasoline in the St. Louis, MO-IL metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: The gasoline price trend provides valuable insight into consumer spending and inflationary pressures in the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of gas stations within the St. Louis CBSA and calculated as an average across the region.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic forecasts, monetary policy decisions, and consumer sentiment analysis.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be occasional delays or limitations in coverage or survey responses.
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Citation
U.S. Federal Reserve, Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in St. Louis, MO-IL (CBSA) (APUS24B74714), retrieved from FRED.