by Calculated Risk on 4/10/2025 11:20:00 AM
According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Consumer Price Index increased 0.2%. “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”.
Click on graph for larger image.
This graph shows the year-over-year change for these four key measures of inflation.
On a year-over-year basis, the median CPI rose 3.5% (down slightly unrounded from 3.5% YoY in February), the trimmed-mean CPI rose 3.0% (down from 3.1%), and the CPI less food and energy rose 2.8% (down from 3.1%).
Core PCE is for February was up 2.8% YoY, up from 2.7% in January. Based on the CPI report this morning, Core PCE is expected to decline to 2.6% YoY in March.
