WASHINGTON (MNI) – The Federal Reserve Bank of Cleveland Friday
said its median Consumer Price Index rose 0.2% in August, matching the
increase seen in July.
The median CPI increased at a 2.8% annualized rate. The 16%
trimmed-mean Consumer Price Index increased 0.2% during the month and at
an annualized rate of 2.0%.
“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,” it said.
Friday, the BLS reported that there was a 0.6% rise in the overall
CPI after seeing no change in July. Year to date, the annualized and
adjusted CPI was up 7.5% through August.
The core CPI, excluding food and energy, increased 0.1% on a
seasonally adjusted basis and was up 0.6% at an annualized rate.
Over the last 12 months, the median CPI rose 2.3%, the trimmed-mean
CPI increased 1.9%, the CPI rose 1.7%, and the core CPI rose 1.9%.
Percent Change, Last 1 Month
March April May June July Aug
CPI 0.3 0.0 -0.3 0.0 0.0 0.6
CPI Ex. Food/Energy 0.2 0.2 0.2 0.2 0.1 0.1
16% TRIM CPI 0.2 0.2 0.1 0.2 0.1 0.2
MEDIAN CPI 0.2 0.2 0.1 0.1 0.2 0.2
Percent Change, Last 12 Months
March April May June July Aug
CPI 2.7 2.3 1.7 1.7 1.4 1.7
CPI Ex. Food/Energy 2.3 2.3 2.3 2.2 2.1 1.9
16% TRIM CPI 2.4 2.3 2.1 2.2 2.0 1.9
MEDIAN CPI 2.4 2.4 2.3 2.3 2.3 2.3
–Source: Cleveland Federal Reserve
** MNI Washington Bureau: 202-371-2121 **
[TOPICS: MAUDS$,MTABLE,MMUFE$,M$U$$$]
