by calculated risk November 13, 2024 03:11:00 PM
According to the Federal Reserve Bank of Cleveland, the median consumer price index rose 0.3% in October. The 16% trimmed average consumer price index rose 0.3%. “Median CPI and 16% trimmed average CPI are core measures of inflation calculated by the Federal Reserve Bank of Cleveland based on data published in the Bureau of Labor Statistics (BLS) Monthly CPI Report.”
This graph shows the year-over-year changes in four key indicators that measure inflation.
Year-over-year, median CPI rose 4.1% (unchanged from 4.1% in September), trimmed average CPI rose 3.2% (unchanged from 3.2%), and CPI excluding food and energy rose 3.2% (changed from 3.2%). doesn’t exist).
Core PCE in September increased 2.7% year over year, unchanged from 2.7% in August.
Note: The Cleveland Fed has released median CPI details. Used care increased by an annual average of 38% in October.
