RSS Feed by Calculated Risk on 10/10/2024 04:11:00 PM
Thursday, October 10, 2024
Cleveland Fed: Median CPI increased 0.3% and Trimmed-mean CPI increased 0.3% in September
The Cleveland Fed released the median CPI and the trimmed-mean CPI.
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in September. The 16% trimmed-mean Consumer Price Index increased 0.3%. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".
Click on graph for larger image.
This graph shows the year-over-year change for these four key measures of inflation.
Note: The Cleveland Fed released the median CPI details. Motor fuel decreased at a 39% annual rate in September.
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in September. The 16% trimmed-mean Consumer Price Index increased 0.3%. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report".
Click on graph for larger image.This graph shows the year-over-year change for these four key measures of inflation.
On a year-over-year basis, the median CPI rose 4.1% (down from 4.2% in August), the trimmed-mean CPI rose 3.2% (unchanged from 3.2%), and the CPI less food and energy rose 3.3% (up from 3.2%).
Core PCE is for August was up 2.7% YoY, up from 2.6% in July.
Note: The Cleveland Fed released the median CPI details. Motor fuel decreased at a 39% annual rate in September.
