Dallas Fed Trimmed Mean PCE 1.4 percent for July

For Immediate Release: August 31, 2017

DALLAS—The Trimmed Mean PCE inflation rate for July was 1.4 percent at an annualized rate, according to the Federal Reserve Bank of Dallas.

The overall personal consumption expenditures (PCE) inflation rate for July, released by the Bureau of Economic Analysis, was an annualized 1.1 percent; the inflation rate for PCE excluding food and energy was also an annualized 1.1 percent.

The Trimmed Mean PCE inflation rate for the 12-month period ending in July was 1.6 percent. Over the same 12 months, the price index for overall PCE was 1.4 percent, and the price index for PCE excluding food and energy was also 1.4 percent.

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Media contact:
Jennifer Chamberlain
Federal Reserve Bank of Dallas
Phone: (214) 922-6748
E-mail: jennifer.chamberlain@dal.frb.org