TABLE-Cleveland Median CPI rose 0.1 pct in July

Aug 13 (BestGrowthStock) – Following are details from the median
consumer price index released by the Federal Reserve Bank of
Cleveland.

Data from the Labor Department’s CPI and CPI excluding food
and energy are given for comparison:

All figures are percent changes:

MEDIAN CPI

July’10 June’10 July’10/09

0.1 0.1 0.6

16 PERCENT TRIMMED MEAN CPI

July’10 June’10 July’10/09

0.1 unch 0.9

CPI (LABOR DEPT)

July’10 June’10 July’10/09

0.3 -0.1 1.2

CORE CPI (LABOR DEPT)

July’10 June’10 July’10/09

0.1 0.2 0.9

NOTES:

The median and trimmed mean CPIs are core measures of
inflation calculated by the Cleveland Fed based on U.S.
government data.

Unlike the Labor Department’s core CPI, which excludes food
and energy prices, the median CPI trims out all but the
midpoint of the distribution of price chances, while the
trimmed mean removes from the overall CPI all large relative
price changes in each month, with the set of excluded
components changing from month to month.

TABLE-Cleveland Median CPI rose 0.1 pct in July