Federal Reserve Economic Data

Table Data - Median Consumer Price Index

Title Median Consumer Price Index
Series ID MEDCPIM157SFRBCLE
Source Federal Reserve Bank of Cleveland
Release Current Median CPI
Seasonal Adjustment Seasonally Adjusted
Frequency Monthly
Units Percent Change
Date Range 1983-01-01 to 2025-09-01
Last Updated 2025-10-24 10:05 AM CDT
Notes Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal Reserve Bank of Cleveland and the Ohio State University. Median CPI was created as a different way to get a 'Core CPI' measure, or a better measure of underlying inflation trends. 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.

According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.

For further information, visit The Federal Reserve Bank of Cleveland.
DATE VALUE
1983-01-01 0.4085800099999930
1983-02-01 0.4036299900000100
1983-03-01 0.2961500100000070
1983-04-01 0.3936999900000070
1983-05-01 0.3086500100000000
1983-06-01 0.2011999999999900
1983-07-01 0.3030299900000030
1983-08-01 0.3992000100000000
1983-09-01 0.3944799799999950
1983-10-01 0.3842499999999970
1983-11-01 0.3980100199999950
1983-12-01 0.2973200100000020
1984-01-01 0.3956499999999920
1984-02-01 0.3780700000000080
1984-03-01 0.3211999999999990
1984-04-01 0.3653800099999940
1984-05-01 0.2788099900000060
1984-06-01 0.3707200100000030
1984-07-01 0.3842499999999970
1984-08-01 0.3827800000000050
1984-09-01 0.3656300000000060
1984-10-01 0.2868100099999940
1984-11-01 0.2147800099999930
1984-12-01 0.2887300000000040
1985-01-01 0.2526999899999940
1985-02-01 0.4553699899999990
1985-03-01 0.3846199999999910
1985-04-01 0.3669699900000100
1985-05-01 0.2715000000000020
1985-06-01 0.4024200099999930
1985-07-01 0.2003999900000110
1985-08-01 0.2838300100000080
1985-09-01 0.2830199900000000
1985-10-01 0.2840900100000040
1985-11-01 0.4385999899999990
1985-12-01 0.2533700100000090
1986-01-01 0.3613400000000100
1986-02-01 0.2604199999999950
1986-03-01 0.3584200099999930
1986-04-01 0.3409999899999900
1986-05-01 0.1850200000000020
1986-06-01 0.2785499900000100
1986-07-01 0.3289499999999950
1986-08-01 0.2695399999999900
1986-09-01 0.3274899900000070
1986-10-01 0.3410799899999930
1986-11-01 0.3759400000000080
1986-12-01 0.3215399999999980
1987-01-01 0.4359200099999900
1987-02-01 0.2739799900000060
1987-03-01 0.3111999900000000
1987-04-01 0.3861000099999900
1987-05-01 0.3679900000000070
1987-06-01 0.2359599999999910
1987-07-01 0.3424600000000000
1987-08-01 0.2719799999999940
1987-09-01 0.4255299900000060
1987-10-01 0.3100700000000070
1987-11-01 0.2729699899999940
1987-12-01 0.2336499999999960
1988-01-01 0.2724299899999890
1988-02-01 0.2392299899999890
1988-03-01 0.3610099899999940
1988-04-01 0.3864700000000050
1988-05-01 0.2801099999999890
1988-06-01 0.3813199899999950
1988-07-01 0.3731399999999940
1988-08-01 0.4291799900000060
1988-09-01 0.4081599899999900
1988-10-01 0.3492699900000010
1988-11-01 0.2431099999999910
1988-12-01 0.3233599899999940
1989-01-01 0.3819900100000110
1989-02-01 0.4240899800000090
1989-03-01 0.4101700100000110
1989-04-01 0.3977700100000090
1989-05-01 0.4382799799999890
1989-06-01 0.3157099899999900
1989-07-01 0.4720700000000020
1989-08-01 0.2349300099999900
1989-09-01 0.2849000000000100
1989-10-01 0.4208799900000000
1989-11-01 0.3404299999999920
1989-12-01 0.3088800000000000
1990-01-01 0.4246200000000090
1990-02-01 0.4059500099999890
1990-03-01 0.4273499800000020
1990-04-01 0.4324300199999960
1990-05-01 0.3246800000000110
1990-06-01 0.4573199900000050
1990-07-01 0.4315000000000070
1990-08-01 0.4602999899999900
1990-09-01 0.2317500099999980
1990-10-01 0.3717500000000040
1990-11-01 0.2962900100000000
1990-12-01 0.4118599899999960
1991-01-01 0.4521499900000060
1991-02-01 0.3558699999999910
1991-03-01 0.2996199999999890
1991-04-01 0.2768099999999940
1991-05-01 0.3649600099999930
1991-06-01 0.2386699899999960
1991-07-01 0.3628399899999970
1991-08-01 0.2539099899999900
1991-09-01 0.3326300099999900
1991-10-01 0.1925600000000080
1991-11-01 0.3507999900000060
1991-12-01 0.2178699899999970
1992-01-01 0.1432600000000010
1992-02-01 0.2132199899999910
1992-03-01 0.3102400099999960
1992-04-01 0.2001400099999940
1992-05-01 0.2305800100000030
1992-06-01 0.3505700000000060
1992-07-01 0.1470099999999920
1992-08-01 0.1747500000000010
1992-09-01 0.1540799999999900
1992-10-01 0.3099800099999990
1992-11-01 0.2689799999999960
1992-12-01 0.1551700100000050
1993-01-01 0.2824800099999970
1993-02-01 0.1894000000000060
1993-03-01 0.1406400000000030
1993-04-01 0.3351300000000060
1993-05-01 0.2446399999999960
1993-06-01 0.2099399900000080
1993-07-01 0.1396600000000080
1993-08-01 0.2083400000000070
1993-09-01 0.1924500000000110
1993-10-01 0.3032099899999970
1993-11-01 0.2980699999999950
1993-12-01 0.2318300100000000
1994-01-01 0.2232199999999910
1994-02-01 0.2956299999999910
1994-03-01 0.1794300000000030
1994-04-01 0.2071799899999950
1994-05-01 0.2386599999999910
1994-06-01 0.2380900099999920
1994-07-01 0.1708400000000050
1994-08-01 0.2886000099999950
1994-09-01 0.3070200100000030
1994-10-01 0.1831700000000100
1994-11-01 0.3588400099999940
1994-12-01 0.1007800000000000
1995-01-01 0.3423300099999920
1995-02-01 0.2739700000000010
1995-03-01 0.2680599899999910
1995-04-01 0.2998800000000080
1995-05-01 0.2918900000000060
1995-06-01 0.1732999999999980
1995-07-01 0.2492799899999950
1995-08-01 0.2419499900000010
1995-09-01 0.2679499999999950
1995-10-01 0.2650199899999930
1995-11-01 0.2197599999999910
1995-12-01 0.2124699999999980
1996-01-01 0.3093299899999960
1996-02-01 0.2156700000000010
1996-03-01 0.2555899999999940
1996-04-01 0.2574299900000020
1996-05-01 0.2415800000000080
1996-06-01 0.2068999900000090
1996-07-01 0.2625399999999890
1996-08-01 0.1914299999999920
1996-09-01 0.2571799999999900
1996-10-01 0.2370500000000050
1996-11-01 0.2868100099999940
1996-12-01 0.1815300000000080
1997-01-01 0.2487499999999980
1997-02-01 0.1931799999999930
1997-03-01 0.2428300000000050
1997-04-01 0.2456299999999970
1997-05-01 0.2170300099999970
1997-06-01 0.2058600100000030
1997-07-01 0.1673000000000040
1997-08-01 0.1909500000000010
1997-09-01 0.2085899899999970
1997-10-01 0.2044799999999960
1997-11-01 0.2229100100000100
1997-12-01 0.2522000099999920
1998-01-01 0.1996099899999940
1998-02-01 0.2361299900000000
1998-03-01 0.2013400000000050
1998-04-01 0.1876200000000110
1998-05-01 0.2496899999999910
1998-06-01 0.2566700100000040
1998-07-01 0.2640299999999930
1998-08-01 0.2767299999999920
1998-09-01 0.2601000000000080
1998-10-01 0.2739199899999930
1998-11-01 0.1809399999999960
1998-12-01 0.1646400000000050
1999-01-01 0.1281899999999950
1999-02-01 0.1438899999999910
1999-03-01 0.1522699999999990
1999-04-01 0.2203099900000010
1999-05-01 0.1418200000000040
1999-06-01 0.0980400009999993
1999-07-01 0.1973199900000110
1999-08-01 0.1946999999999920
1999-09-01 0.2043999999999930
1999-10-01 0.1400499999999920
1999-11-01 0.1805099999999890
1999-12-01 0.2143199999999900
2000-01-01 0.3154499899999940
2000-02-01 0.2292200000000080
2000-03-01 0.2803700000000080
2000-04-01 0.1877899999999990
2000-05-01 0.2347399900000100
2000-06-01 0.2581800099999980
2000-07-01 0.2819499899999970
2000-08-01 0.2365400099999970
2000-09-01 0.2522000099999920
2000-10-01 0.2223500099999940
2000-11-01 0.2183400100000070
2000-12-01 0.2706399900000100
2001-01-01 0.3335199999999980
2001-02-01 0.2333800099999950
2001-03-01 0.2459900000000070
2001-04-01 0.2583500000000070
2001-05-01 0.2871800000000090
2001-06-01 0.2888500000000070
2001-07-01 0.2006900000000030
2001-08-01 0.3117199999999930
2001-09-01 0.2289700099999960
2001-10-01 0.3421600000000020
2001-11-01 0.2825000100000090
2001-12-01 0.2039700000000090
2002-01-01 0.2272700000000020
2002-02-01 0.2776799999999910
2002-03-01 0.2362899900000050
2002-04-01 0.2203499900000020
2002-05-01 0.1994800100000080
2002-06-01 0.2061899999999950
2002-07-01 0.1851899999999910
2002-08-01 0.1885099999999970
2002-09-01 0.2237099900000090
2002-10-01 0.1908100000000080
2002-11-01 0.1578700000000040
2002-12-01 0.2476500100000000
2003-01-01 0.1799899999999970
2003-02-01 0.1631799999999960
2003-03-01 0.0933700010000038
2003-04-01 0.0459700009999953
2003-05-01 0.0892099979999950
2003-06-01 0.0931099990000073
2003-07-01 0.2199100099999910
2003-08-01 0.1943599999999930
2003-09-01 0.1669799999999940
2003-10-01 0.1730000000000010
2003-11-01 0.0983300039999913
2003-12-01 0.1486799999999900
2004-01-01 0.1831499999999990
2004-02-01 0.2395400099999940
2004-03-01 0.2250599899999980
2004-04-01 0.2091099999999900
2004-05-01 0.2642500000000100
2004-06-01 0.2242899999999940
2004-07-01 0.1464099999999970
2004-08-01 0.2363400099999910
2004-09-01 0.1771500000000040
2004-10-01 0.2190499999999980
2004-11-01 0.1225100000000090
2004-12-01 0.1582200100000100
2005-01-01 0.2807700099999980
2005-02-01 0.2712499999999900
2005-03-01 0.1567399900000100
2005-04-01 0.1730500000000080
2005-05-01 0.2602800000000020
2005-06-01 0.1344000000000010
2005-07-01 0.2489500000000030
2005-08-01 0.1833200000000090
2005-09-01 0.3293599900000110
2005-10-01 0.2734800100000050
2005-11-01 0.2333900000000000
2005-12-01 0.1819100000000070
2006-01-01 0.2372399900000040
2006-02-01 0.1710499999999950
2006-03-01 0.2532900100000070
2006-04-01 0.2374599900000000
2006-05-01 0.3505099999999930
2006-06-01 0.2628199999999970
2006-07-01 0.2510000000000010
2006-08-01 0.3771900000000050
2006-09-01 0.1738500000000090
2006-10-01 0.2992500099999960
2006-11-01 0.2486299999999940
2006-12-01 0.2243400100000010
2007-01-01 0.2437399900000030
2007-02-01 0.3632400000000090
2007-03-01 0.2213299999999970
2007-04-01 0.1952500000000020
2007-05-01 0.1940400000000060
2007-06-01 0.2683399899999990
2007-07-01 0.2326800000000070
2007-08-01 0.1802499999999930
2007-09-01 0.3035800099999930
2007-10-01 0.2818099900000040
2007-11-01 0.2851000099999950
2007-12-01 0.2452200000000020
2008-01-01 0.2696000000000030
2008-02-01 0.2350599999999980
2008-03-01 0.2499100100000100
2008-04-01 0.1848599999999980
2008-05-01 0.2029499999999910
2008-06-01 0.3316899999999960
2008-07-01 0.3264999900000070
2008-08-01 0.2417699900000070
2008-09-01 0.2607600099999940
2008-10-01 0.1816500000000110
2008-11-01 0.1599399999999920
2008-12-01 0.0302400000000036
2009-01-01 0.1981300099999970
2009-02-01 0.1768999999999910
2009-03-01 0.1576500000000090
2009-04-01 0.1537899999999980
2009-05-01 0.1071800000000070
2009-06-01 0.0627700009999899
2009-07-01 0.0104799999999905
2009-08-01 0.1344599999999920
2009-09-01 0.0758800020000061
2009-10-01 0.0986599950000056
2009-11-01 0.0429000010000014
2009-12-01 0.0383200009999918
2010-01-01 0.0564999989999926
2010-02-01 -0.0088899999999947
2010-03-01 -0.0238700000000036
2010-04-01 0.0376400009999944
2010-05-01 0.0229500000000105
2010-06-01 0.1047899900000090
2010-07-01 0.0525399979999897
2010-08-01 0.0357799989999963
2010-09-01 0.1271299999999980
2010-10-01 0.0933600009999980
2010-11-01 0.1092000000000090
2010-12-01 0.1153800099999990
2011-01-01 0.1874900000000010
2011-02-01 0.2317700100000100
2011-03-01 0.1441999999999940
2011-04-01 0.1855299999999890
2011-05-01 0.1901500000000000
2011-06-01 0.1591600000000030
2011-07-01 0.2090000099999930
2011-08-01 0.2610500000000070
2011-09-01 0.2053299900000030
2011-10-01 0.1669799999999940
2011-11-01 0.1526300000000090
2011-12-01 0.1957400000000000
2012-01-01 0.2626790000000100
2012-02-01 0.1393070000000000
2012-03-01 0.1994879900000020
2012-04-01 0.1884620100000010
2012-05-01 0.1432059999999960
2012-06-01 0.1587779999999930
2012-07-01 0.1720060000000020
2012-08-01 0.1997790099999900
2012-09-01 0.1885819900000030
2012-10-01 0.1549269999999940
2012-11-01 0.1710609999999950
2012-12-01 0.1480099999999980
2013-01-01 0.2256620000000040
2013-02-01 0.2020350000000000
2013-03-01 0.1007200000000100
2013-04-01 0.1724290000000070
2013-05-01 0.1615880099999910
2013-06-01 0.1763830000000020
2013-07-01 0.1654199999999940
2013-08-01 0.1772639999999990
2013-09-01 0.1841369999999950
2013-10-01 0.0964640000000072
2013-11-01 0.2145749999999950
2013-12-01 0.2340180100000030
2014-01-01 0.1983490099999980
2014-02-01 0.1938229999999930
2014-03-01 0.2351819999999890
2014-04-01 0.1827299899999970
2014-05-01 0.2096999900000010
2014-06-01 0.1086289999999930
2014-07-01 0.1982330099999930
2014-08-01 0.1448190000000070
2014-09-01 0.1598709999999890
2014-10-01 0.2001939999999980
2014-11-01 0.1861090000000010
2014-12-01 0.1964789999999940
2015-01-01 0.1608632399999980
2015-02-01 0.1614334599999930
2015-03-01 0.2005510000000040
2015-04-01 0.2435972200000030
2015-05-01 0.2060888099999940
2015-06-01 0.2443881500000080
2015-07-01 0.1587748900000020
2015-08-01 0.1353044300000050
2015-09-01 0.2464984800000010
2015-10-01 0.1883012600000010
2015-11-01 0.1868576699999960
2015-12-01 0.1516224800000020
2016-01-01 0.2229471648005800
2016-02-01 0.2090556363292250
2016-03-01 0.1833076150333120
2016-04-01 0.3133332514161370
2016-05-01 0.2693503273706100
2016-06-01 0.1736150858154590
2016-07-01 0.2051823276697510
2016-08-01 0.2257240574357500
2016-09-01 0.2058475197589390
2016-10-01 0.1666331195845800
2016-11-01 0.2026290838759600
2016-12-01 0.1682988061552760
2017-01-01 0.2819453381650570
2017-02-01 0.2703071377553550
2017-03-01 0.1581490830437020
2017-04-01 0.1285586210396430
2017-05-01 0.1744186046511500
2017-06-01 0.1567116811486360
2017-07-01 0.1751441014519850
2017-08-01 0.1876150399791500
2017-09-01 0.2360979836168790
2017-10-01 0.1998684415563720
2017-11-01 0.1994958685483940
2017-12-01 0.2430371157136960
2018-01-01 0.3410301727163170
2018-02-01 0.1662447710288450
2018-03-01 0.1620397162651390
2018-04-01 0.2411108635056670
2018-05-01 0.2451533746838040
2018-06-01 0.2167406905539290
2018-07-01 0.1742775864650440
2018-08-01 0.1894069714803100
2018-09-01 0.1924272725744910
2018-10-01 0.2146365545529600
2018-11-01 0.3051401091640480
2018-12-01 0.2394687809957660
2019-01-01 0.2376688914211390
2019-02-01 0.2448601316183300
2019-03-01 0.2636627978259030
2019-04-01 0.2327848947236920
2019-05-01 0.2107511368538710
2019-06-01 0.2436340911691200
2019-07-01 0.2629056552101880
2019-08-01 0.2162230467090960
2019-09-01 0.2063423122479650
2019-10-01 0.2198818801356420
2019-11-01 0.2691350329903310
2019-12-01 0.2080540776132180
2020-01-01 0.2960231321487150
2020-02-01 0.2374404770615570
2020-03-01 0.2434424686988290
2020-04-01 0.1799471968013220
2020-05-01 0.2384146870084920
2020-06-01 0.1516097910013500
2020-07-01 0.2824971417936250
2020-08-01 0.2147059666363970
2020-09-01 0.0948652451923326
2020-10-01 0.1504632196910770
2020-11-01 0.1208487611323640
2020-12-01 0.1195186103838840
2021-01-01 0.0999636759898337
2021-02-01 0.2292272256362530
2021-03-01 0.1805400691730300
2021-04-01 0.2383523207216020
2021-05-01 0.2768366583240090
2021-06-01 0.3002488966199920
2021-07-01 0.2563612819115550
2021-08-01 0.3363716709097850
2021-09-01 0.4374523498637210
2021-10-01 0.5587154895850380
2021-11-01 0.4421070754167640
2021-12-01 0.4019567395105340
2022-01-01 0.5189128985715110
2022-02-01 0.5118490859324700
2022-03-01 0.4548021759162910
2022-04-01 0.5366365636285010
2022-05-01 0.6173993198082430
2022-06-01 0.6582678066321400
2022-07-01 0.5677040583484950
2022-08-01 0.6258363184534320
2022-09-01 0.6011390608207990
2022-10-01 0.6078298076538590
2022-11-01 0.4988470754901940
2022-12-01 0.4490569239035120
2023-01-01 0.5439034807554810
2023-02-01 0.5775899299733880
2023-03-01 0.3834535108461880
2023-04-01 0.4607474737852830
2023-05-01 0.3920992220662220
2023-06-01 0.3834034208766380
2023-07-01 0.2651495458292800
2023-08-01 0.3440774160096140
2023-09-01 0.3945709286879760
2023-10-01 0.3406900239935730
2023-11-01 0.4499515087746490
2023-12-01 0.3424693389666220
2024-01-01 0.4649976312816500
2024-02-01 0.3515997494055510
2024-03-01 0.3858843577822180
2024-04-01 0.3475555896923940
2024-05-01 0.2309837106809540
2024-06-01 0.2056786037530230
2024-07-01 0.2170801364891340
2024-08-01 0.3033653076645270
2024-09-01 0.3391404840852320
2024-10-01 0.3031196555994600
2024-11-01 0.2649441367398310
2024-12-01 0.2656273356577140
2025-01-01 0.3217604649250250
2025-02-01 0.2884004483056480
2025-03-01 0.3421626501843410
2025-04-01 0.3258429995933510
2025-05-01 0.2218661281862210
2025-06-01 0.3342020706465170
2025-07-01 0.2764206401045130
2025-08-01 0.2764328341402940
2025-09-01 0.1965885036871780

Back to Top