Dallas Fed April trimmed mean PCE price index +4.4% vs +3.8% prior

• Prior was +3.8%
• Six-month trimmed mean annualized +4.4%
• 12-month trimmed mean +4.8%

This is a one-month annualized measure from the Dallas Fed and highlights another measure of core inflation.

The most significant decreases in the PCE are found in the sectors of spectator sports (-62.4%), natural gas (-45.3%), fuel oil (-42.5%), hotels and motels (-34.3%), major household appliances (-34.2%), and motor vehicle rental (-32.5%).

The sectors with the most significant inflation include clothing materials (129.4%), sewing items (129.4%), tax preparation and other related services (110.7%), repair of household appliances (95.2%), and repair of furniture, furnishings, and floor coverings (95.2%). Other notable increases include used autos (74.0%), used light trucks (68.5%), legal services (56.5%), professional association dues (56.5%), and other household services (52.5%).

Those were all trimmed out but some of the numbers that were kept in the index:

• Motor vehicle maintenance and repair +6.7%
• Men's and boys' clothing +6.3%
• Tires +4.8%
• Women's and girls' clothing +1.5%
• Vegetables +3.3%
• Beef +3.5%
• Food products (other) +6.1%

Food, clothing and vehicle-related items appear to be sticky sources of inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term.