Trimmed Mean PCE Inflation Rate : 3.16% (As of 2024-01-01)

To

Historical Data

Date
Value
YOY (%)
2024-01-01
3.16%
-33.89%
2023-12-01
3.24%
-33.33%
2023-11-01
3.43%
-30.28%
2023-10-01
3.60%
-27.71%
2023-09-01
3.80%
-23.69%
2023-08-01
3.88%
-21.62%
2023-07-01
4.18%
-11.44%
2023-06-01
4.33%
-6.48%
2023-05-01
4.70%
+10.85%
2023-04-01
4.88%
+21.09%
2023-03-01
4.82%
+20.80%
2023-02-01
4.75%
+21.48%
2023-01-01
4.78%
+28.84%
2022-12-01
4.86%
+45.95%
Total 553

Basic Info

Trimmed Mean PCE Inflation Rate was 3.16 as of 2024-01-01, according to Federal Reserve Economic Data. Historically, Trimmed Mean PCE Inflation Rate reached a record high of 8.72 and a record low of 0.78, the median value is 2.37. Typical value range is from 1.35 to 3.43. The Year-Over-Year growth is -33.89%. GuruFocus provides the current actual value, an historical data chart and related indicators for Trimmed Mean PCE Inflation Rate - last updated on 2024-01-01.

Monthly , seasonally adjusted . The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from "fell the most" to "rose the most," and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional "excluding food and energy" measure as a gauge of core inflation.

Category Prices
Region USA
Source Federal Reserve Economic Data

Stats

Name Value
Last Value 3.16%
Latest Period 2024-01-01
Long Term Average 2.39%
Average Annualized Growth Rate -1.27%
Value from 1 year ago 4.78%
Change from 1 year ago -33.89%
Frequency Daily
Unit %
Download Source PCETRIM12M159SFRBDAL.txt

Related Indicators

Related Item
Date
Value
Unit
1-Year Growth
3-Year Growth
5-Year Growth
10-Year Growth
2024-01-01
3.16
%
-33.89%
+22.24%
+10.13%
+6.84%
2024-01-01
2.90
%
-41.18%
+22.18%
+10.62%
+5.18%

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