Consumer Price Index for All Urban Consumers: Dairy and Related Products in U.S. City Average
CUUS0000SEFJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271.24
Year-over-Year Change
24.80%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Dairy and Related Products in U.S. City Average measures the changes in prices paid by consumers for a basket of dairy and dairy-related goods. This metric is a key indicator of inflationary pressures in the dairy sector.
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 Dairy and Related Products CPI is a component of the overall Consumer Price Index, which tracks the average change in prices paid by urban consumers for a representative basket of goods and services. This dairy-specific indicator provides insight into the cost of living and helps policymakers and analysts assess the state of the economy.
Methodology
The Bureau of Labor Statistics collects price data from a sample of retail and service establishments and aggregates it to calculate the Dairy and Related Products CPI.
Historical Context
The Dairy and Related Products CPI is used by the Federal Reserve, government agencies, and private sector analysts to monitor inflation and inform economic policy decisions.
Key Facts
- The Dairy and Related Products CPI has a base year of 1982-84=100.
- Dairy products account for approximately 1.8% of the overall Consumer Price Index.
- The Dairy and Related Products CPI reached an all-time high in July 2022.
FAQs
Q: What does this economic trend measure?
A: The Dairy and Related Products CPI measures the changes in prices paid by consumers for a basket of dairy and dairy-related goods, including milk, cheese, and ice cream.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures in the dairy sector, which is important for understanding the overall cost of living and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data from a sample of retail and service establishments and aggregates it to calculate the Dairy and Related Products CPI.
Q: How is this trend used in economic policy?
A: The Dairy and Related Products CPI is used by the Federal Reserve, government agencies, and private sector analysts to monitor inflation and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Dairy and Related Products CPI is published monthly by the Bureau of Labor Statistics, with a typical release lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Dairy and Related Products in U.S. City Average (CUUS0000SEFJ), retrieved from FRED.