Cleveland Fed July median CPI +0.5% m/m vs +0.7% prior

  • The median CPI shows the one-month inflation rate of the component swhose expenditure weight is in the 50th percentile of price changes.
  • Prior was +0.7%
  • 16% trimmed mean +0.4% m/m vs +0.8% m/m

The year-over-year trimmed mean numbers both rose in the month but the pace is slowing.

Cleveland Fed CPI

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