Observations

Jul 2026: 2.35

Updated: Aug 26, 2026 11:02 AM CDT

Units:

6-Month Annualized Percent Change,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Trimmed Mean PCE Inflation Rate	2005-08-02	2026-08-26

Source

Federal Reserve Bank of Dallas	2005-08-02	2026-08-26

Release

Trimmed Mean PCE Inflation Rate	2005-08-02	2026-08-26

Units

6-Month Annualized Percent Change	2005-08-02	2026-08-26

Frequency

Monthly	2005-08-02	2026-08-26

Seasonal Adjustment

Seasonally Adjusted	2005-08-02	2026-08-26

Notes

The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.	2005-08-02	2026-08-26

Trimmed Mean PCE Inflation Rate (PCETRIM6M680SFRBDAL)