Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average
CWSR0000SEFS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
315.27
Year-over-Year Change
-1.73%
Date Range
1/1/1989 - 7/1/2025
Summary
The Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average tracks changes in the prices of fats and oils for urban consumers. This key economic indicator provides insights into inflationary pressures in the food 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
This index measures the changes in prices paid by urban wage earners and clerical workers for a market basket of consumer goods and services, specifically related to fats and oils. It is a crucial metric for economists and policymakers to understand trends in consumer spending and cost-of-living adjustments.
Methodology
The data is collected through surveys of retail establishments and service providers in urban areas.
Historical Context
This index is used to inform monetary policy decisions and guide consumer spending analyses.
Key Facts
- The index has a base period of 1982-84=100.
- Fats and oils account for approximately 2% of the overall CPI market basket.
- The index is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in prices paid by urban consumers for a basket of fats and oils products.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into inflationary pressures in the food sector, which is crucial for economic policymaking and consumer spending analyses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and service providers in urban areas.
Q: How is this trend used in economic policy?
A: This index is used to inform monetary policy decisions and guide consumer spending analyses.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Bureau of Labor Statistics with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Wage Earners and Clerical Workers: Fats and Oils in U.S. City Average (CWSR0000SEFS), retrieved from FRED.