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Median Consumer Price Index (MEDCPIM158SFRBCLE)
Observation:
Aug 2018: 2 (+ more)Updated: Sep 13, 2018
Aug 2018:  2  
Jul 2018:  3  
Jun 2018:  3  
May 2018:  3  
Apr 2018:  3 
Units:
Percent Change at Annual Rate,Seasonally Adjusted
Frequency:
MonthlyAccording to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the allitems CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.
For further information, go to http://www.clevelandfed.org/research/data/usinflation/mcpi.cfm
Median Consumer Price Index
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According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the allitems CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.
For further information, go to http://www.clevelandfed.org/research/data/usinflation/mcpi.cfm
Median Consumer Price Index
Customize data:
Write a custom formula to transform one or more series or combine two or more series.
You can begin by adding a series to combine with your existing series.
Now create a custom formula to combine or transform the series.
Need help? []
For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a  b.
Use the assigned data series variables (a, b, c, etc.) together with operators (+, , *, /, ^, etc.), parentheses {(,)}, and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, ab, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.
Finally, you can change the units of your new series.
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Title  Release Dates  


Median Consumer Price Index  20140219  20180913 
Source  


Federal Reserve Bank of Cleveland  20140219  20180913 
Release  


Current Median CPI  20140219  20180913 
Units  


Percent Change at Annual Rate  20140219  20180913 
Frequency  


Monthly  20140219  20180913 
Seasonal Adjustment  


Seasonally Adjusted  20140219  20180913 
Notes  


Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal Reserve Bank of Cleveland and the Ohio State University. Median CPI was created as a different way to get a “Core CPI” measure, or a better measure of underlying inflation trends. To calculate the Median CPI, the Cleveland Fed analyzes the median price change of the goods and services published by the BLS. The median price change is the price change that’s right in the middle of the long list of all of the price changes. This series excludes 49.5% of the CPI components with the highest and lowest onemonth price changes from each tail of the pricechange distribution resulting in a Median CPI Inflation Estimate. According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the allitems CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE. For further information, go to http://www.clevelandfed.org/research/data/usinflation/mcpi.cfm 
20140219  20180913 
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