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Trimmed Mean PCE Inflation Rate (PCETRIM6M680SFRBDAL)
Observation:
Jan 2018: 1.99 (+ more)Updated: Mar 1, 2018
Jan 2018:  1.99  
Dec 2017:  1.76  
Nov 2017:  1.65  
Oct 2017:  1.59  
Sep 2017:  1.56 
Units:
6Month Annualized Percent Change,Seasonally Adjusted
Frequency:
MonthlyTrimmed Mean PCE Inflation Rate
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Trimmed Mean PCE Inflation Rate
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  


Trimmed Mean PCE Inflation Rate  20050802  20180301 
Source  


Federal Reserve Bank of Dallas  20050802  20180301 
Release  


Trimmed Mean PCE Inflation Rate  20050802  20180301 
Units  


6Month Annualized Percent Change  20050802  20180301 
Frequency  


Monthly  20050802  20180301 
Seasonal Adjustment  


Seasonally Adjusted  20050802  20180301 
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.

20050802  20180301 
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