Dallas Fed August trimmed mean PCE price index rises 1.9%
SPY•The Dallas Fed's trimmed mean PCE price index rose at a 1.9% annual rate in August, matching July's one-month change. Its six-month rate was 2.3% and its 12-month rate was 2.2%.
1. Inflation measures
The Dallas Fed's trimmed mean PCE price index rose at a 1.9% annual rate in August, unchanged from July. The six-month rate was 2.3%, also unchanged from July, while the 12-month rate was 2.2%, down from 2.3%.
2. Measure details
The index is a core inflation measure based on the Commerce Department's PCE price index that removes items with especially large price movements in a given month.
