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Median Consumer Price Index (MEDCPIM158SFRBCLE)

tibble CPIPerctRows 0 Columns 5
Table

DESCRIPTION

Median Consumer Price Index (CPI) is a measure of core inflation. Median CPI was created as a different way to get a ‘Core CPI’ measure, or a better measure of underlying inflation trends. the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy

UPDATES

monthly update

SOURCE

Federal Reserve Economic Data/St. Louis Fed

STORED

[Median Consumer Price Index] (https://fred.stlouisfed.org/series/MEDCPIM158SFRBCLE)

USED BY

Sonia Nikiema

Columns

row.names  character

date  character

series_id  character

value  numeric

CPI_perct  numeric

INFO Percent Change at Annual Rate, Seasonally Adjusted / 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.
2024-05-06 16:13:49 EDT < 1 s 2024-05-06 16:13:50 EDT