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Median Consumer Price Index (MEDCPIM159SFRBCLE)

Observation:

Aug 2018: 3  
Updated: Sep 13, 2018

Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

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(a) Median Consumer Price Index, Percent Change at Annual Rate, Seasonally Adjusted (MEDCPIM159SFRBCLE)
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 one-month price changes from each tail of the price-change 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 all-items 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/us-inflation/mcpi.cfm

Median Consumer Price Index

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(a) Median Consumer Price Index, Percent Change at Annual Rate, Seasonally Adjusted (MEDCPIM159SFRBCLE)
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 one-month price changes from each tail of the price-change 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 all-items 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/us-inflation/mcpi.cfm

Median Consumer Price Index

Select a date that will equal 100 for your custom index:
to

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? []

Finally, you can change the units of your new series.

Select a date that will equal 100 for your custom index:

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NOTES
Title Release Dates
Median Consumer Price Index 2016-09-16 2018-09-13
 
Source    
Federal Reserve Bank of Cleveland 2016-09-16 2018-09-13
 
Release    
Current Median CPI 2016-09-16 2018-09-13
 
Units    
Percent Change at Annual Rate 2016-09-16 2018-09-13
 
Frequency    
Monthly 2016-09-16 2018-09-13
 
Seasonal Adjustment    
Seasonally Adjusted 2016-09-16 2018-09-13
 
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 one-month price changes from each tail of the price-change 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 all-items 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/us-inflation/mcpi.cfm

2016-09-16 2018-09-13
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Index Dec 1982=100, Monthly, Seasonally Adjusted Percent Change, Monthly, Seasonally Adjusted Monthly, Seasonally Adjusted

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Consumer Price Indexes (CPI and PCE) Prices

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Cleveland Fed Median Consumer Price Index Price Index Price Indexes Seasonally Adjusted Rate Monthly United States of America Nation
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