Average Price: Flour, White, All Purpose (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200701111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.38
Year-over-Year Change
-14.83%
Date Range
1/1/1980 - 10/1/2019
Summary
This economic trend measures the average price of all-purpose white flour in the Midwest Census Region's urban areas. It provides important insights into consumer food prices and inflation 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 of all-purpose white flour in the Midwest region is a key indicator of food costs and broader price trends. It represents a common household staple and can signal changes in consumer purchasing power and inflationary conditions.
Methodology
The data is collected through the Bureau of Labor Statistics' Consumer Price Index program.
Historical Context
This flour price trend is closely monitored by policymakers, economists, and market analysts to assess household budgets and the state of the broader economy.
Key Facts
- Flour is a dietary staple for many U.S. households.
- The Midwest region accounts for a significant portion of national flour consumption.
- Rising flour prices can impact family budgets and broader inflation metrics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of all-purpose white flour in the urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: The price of flour is an important indicator of consumer food costs and broader inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Consumer Price Index program.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this flour price trend to assess household budgets and the state of the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve and is subject to the typical update schedule and methodological limitations of the Consumer Price Index.
Similar APU Trends
Global price of Food and beverage index
PFANDBINDEXQ
Average Price: Tuna, Light, Chunk (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000707111
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Urban Hawaii (CBSA)
APUS49F74716
Average Price: Cupcakes, Chocolate (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200702411
Average Price: Electricity per Kilowatt-Hour in Baltimore, MD (CBSA)
APUA31772610
Average Price: Electricity per Kilowatt-Hour in Size Class D
APUD00072610
Citation
U.S. Federal Reserve, Average Price: Flour, White, All Purpose (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200701111), retrieved from FRED.