The median CPI increased 0.6% and the trimmed average CPI increased 0.5% in February.
To Estimated risk per 14.03.2023 11:23:00
Cleveland Fed released median CPI and truncated average CPI:
According to the Federal Reserve Bank of Cleveland, the average CPI rose 0.6% in February. The consumer price index, cut by 16%, rose 0.5% in February. “Average CPI and 16% Truncated Average CPI are measures of core inflation calculated by the Cleveland Federal Reserve Bank based on data released in the Bureau of Labor Statistics (BLS) Monthly CPI Report.”
This graph shows the evolution of these four key inflation measures from last year.
On an annualized basis, the average CPI rose 7.2%, the trimmed average CPI rose 6.5%, and the CPI excluding food and energy rose 5.5%. Core PCE increased by 4.7% in January compared to last year.
Note. The Cleveland Fed released median CPI data. Oil and other fuels were down 55% year-on-year in February, and Used vehicles were down 29% year-on-year.
Note that the owners’ equivalent rent and the main residence rent are 1/3 of the median CPI.and these measures were 8.8% year on year (based on relative importance in the index). This data is late and asking rent has decreased in recent months (due to a sharp slowdown in household growth). Ex-Shelter, these figures are sharply reduced.