Dallas Fed Trimmed Mean PCE 1.8 Percent for June
For immediate release: August 8, 2014
DALLAS—The Trimmed Mean PCE inflation rate for June was 1.8 percent at an annualized rate, according to the Federal Reserve Bank of Dallas.
The overall Personal Consumption Expenditures inflation rate for June, released last week by the Bureau of Economic Analysis, was an annualized 2.6 percent, while the inflation rate for PCE excluding food and energy was an annualized 1.7 percent.
The Trimmed Mean PCE inflation rate for the 12-month period ending in June was 1.7 percent. Over the same 12 months, the price index for overall PCE rose 1.6 percent and the price index for PCE excluding food and energy rose 1.5 percent.
The Trimmed Mean PCE inflation rate is an alternative measure of core inflation in the price index for PCE. It is calculated by the Dallas Fed, using data from the BEA.
NOTE: This release incorporates the results of the BEA’s annual revision to the national income and product accounts. Trimmed mean PCE data from January 2011 onward have been revised as a result.
Next release: August 29.
Federal Reserve Bank of Dallas