NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Trimmed Mean PCE Inflation Rate Series ID: PCETRIM6M680SFRBDAL Source: Federal Reserve Bank of Dallas Release: Trimmed Mean PCE Inflation Rate Seasonal Adjustment: Seasonally Adjusted Frequency: Monthly Units: 6-Month Annualized Percent Change Date Range: 1977-07-01 to 2024-03-01 Last Updated: 2024-04-26 10:11 AM CDT 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. DATE VALUE 1977-07-01 5.98 1977-08-01 5.84 1977-09-01 5.59 1977-10-01 5.57 1977-11-01 5.71 1977-12-01 5.59 1978-01-01 5.43 1978-02-01 5.30 1978-03-01 5.50 1978-04-01 5.85 1978-05-01 6.08 1978-06-01 6.23 1978-07-01 6.55 1978-08-01 6.76 1978-09-01 6.93 1978-10-01 7.24 1978-11-01 7.22 1978-12-01 7.18 1979-01-01 7.50 1979-02-01 7.66 1979-03-01 7.57 1979-04-01 7.27 1979-05-01 7.48 1979-06-01 7.60 1979-07-01 7.50 1979-08-01 7.71 1979-09-01 8.03 1979-10-01 8.52 1979-11-01 8.30 1979-12-01 8.49 1980-01-01 8.81 1980-02-01 9.00 1980-03-01 9.17 1980-04-01 8.59 1980-05-01 8.81 1980-06-01 8.95 1980-07-01 8.39 1980-08-01 8.13 1980-09-01 8.16 1980-10-01 8.55 1980-11-01 8.47 1980-12-01 8.34 1981-01-01 8.79 1981-02-01 9.06 1981-03-01 8.66 1981-04-01 8.46 1981-05-01 8.18 1981-06-01 7.80 1981-07-01 7.41 1981-08-01 6.97 1981-09-01 6.99 1981-10-01 6.79 1981-11-01 6.64 1981-12-01 6.49 1982-01-01 6.25 1982-02-01 5.79 1982-03-01 5.41 1982-04-01 4.93 1982-05-01 4.91 1982-06-01 4.99 1982-07-01 5.28 1982-08-01 5.19 1982-09-01 4.86 1982-10-01 5.19 1982-11-01 4.66 1982-12-01 4.23 1983-01-01 4.00 1983-02-01 3.95 1983-03-01 3.81 1983-04-01 3.75 1983-05-01 3.82 1983-06-01 3.89 1983-07-01 3.58 1983-08-01 3.45 1983-09-01 3.77 1983-10-01 3.37 1983-11-01 3.53 1983-12-01 3.37 1984-01-01 3.59 1984-02-01 3.83 1984-03-01 3.80 1984-04-01 4.18 1984-05-01 3.86 1984-06-01 4.04 1984-07-01 4.00 1984-08-01 3.93 1984-09-01 3.92 1984-10-01 3.69 1984-11-01 3.67 1984-12-01 3.72 1985-01-01 3.46 1985-02-01 3.72 1985-03-01 3.72 1985-04-01 3.54 1985-05-01 3.72 1985-06-01 3.79 1985-07-01 3.64 1985-08-01 3.36 1985-09-01 3.28 1985-10-01 3.38 1985-11-01 3.51 1985-12-01 3.45 1986-01-01 3.80 1986-02-01 3.58 1986-03-01 3.28 1986-04-01 3.28 1986-05-01 3.02 1986-06-01 3.04 1986-07-01 2.75 1986-08-01 2.79 1986-09-01 3.13 1986-10-01 3.26 1986-11-01 3.37 1986-12-01 3.22 1987-01-01 3.57 1987-02-01 3.64 1987-03-01 3.68 1987-04-01 3.89 1987-05-01 3.95 1987-06-01 3.97 1987-07-01 3.61 1987-08-01 3.83 1987-09-01 3.74 1987-10-01 3.57 1987-11-01 3.50 1987-12-01 3.28 1988-01-01 3.62 1988-02-01 3.31 1988-03-01 3.37 1988-04-01 3.45 1988-05-01 3.47 1988-06-01 3.91 1988-07-01 3.92 1988-08-01 4.12 1988-09-01 4.37 1988-10-01 4.20 1988-11-01 4.26 1988-12-01 4.12 1989-01-01 4.18 1989-02-01 4.18 1989-03-01 3.95 1989-04-01 4.11 1989-05-01 4.22 1989-06-01 4.14 1989-07-01 3.90 1989-08-01 3.72 1989-09-01 3.64 1989-10-01 3.76 1989-11-01 3.63 1989-12-01 3.75 1990-01-01 3.81 1990-02-01 3.91 1990-03-01 4.25 1990-04-01 4.04 1990-05-01 3.98 1990-06-01 4.13 1990-07-01 4.11 1990-08-01 4.37 1990-09-01 4.01 1990-10-01 3.99 1990-11-01 3.79 1990-12-01 3.55 1991-01-01 3.53 1991-02-01 3.09 1991-03-01 2.86 1991-04-01 2.72 1991-05-01 3.12 1991-06-01 2.91 1991-07-01 2.67 1991-08-01 2.73 1991-09-01 2.93 1991-10-01 2.94 1991-11-01 2.82 1991-12-01 3.09 1992-01-01 3.10 1992-02-01 3.07 1992-03-01 3.04 1992-04-01 2.94 1992-05-01 2.78 1992-06-01 2.52 1992-07-01 2.54 1992-08-01 2.43 1992-09-01 2.18 1992-10-01 2.34 1992-11-01 2.44 1992-12-01 2.49 1993-01-01 2.46 1993-02-01 2.59 1993-03-01 2.72 1993-04-01 2.69 1993-05-01 2.70 1993-06-01 2.58 1993-07-01 2.54 1993-08-01 2.38 1993-09-01 2.34 1993-10-01 2.28 1993-11-01 2.15 1993-12-01 2.22 1994-01-01 2.18 1994-02-01 2.32 1994-03-01 2.47 1994-04-01 2.33 1994-05-01 2.39 1994-06-01 2.45 1994-07-01 2.51 1994-08-01 2.36 1994-09-01 2.16 1994-10-01 2.20 1994-11-01 2.18 1994-12-01 2.05 1995-01-01 2.20 1995-02-01 2.22 1995-03-01 2.34 1995-04-01 2.42 1995-05-01 2.36 1995-06-01 2.33 1995-07-01 2.13 1995-08-01 2.21 1995-09-01 2.11 1995-10-01 2.21 1995-11-01 2.19 1995-12-01 2.29 1996-01-01 2.38 1996-02-01 2.30 1996-03-01 2.40 1996-04-01 2.24 1996-05-01 2.31 1996-06-01 2.28 1996-07-01 2.26 1996-08-01 2.31 1996-09-01 2.32 1996-10-01 2.44 1996-11-01 2.48 1996-12-01 2.48 1997-01-01 2.44 1997-02-01 2.40 1997-03-01 2.29 1997-04-01 2.17 1997-05-01 1.97 1997-06-01 1.95 1997-07-01 1.83 1997-08-01 1.72 1997-09-01 1.81 1997-10-01 1.63 1997-11-01 1.64 1997-12-01 1.50 1998-01-01 1.49 1998-02-01 1.49 1998-03-01 1.49 1998-04-01 1.63 1998-05-01 1.78 1998-06-01 1.78 1998-07-01 1.88 1998-08-01 2.01 1998-09-01 1.91 1998-10-01 1.90 1998-11-01 1.79 1998-12-01 1.84 1999-01-01 1.80 1999-02-01 1.59 1999-03-01 1.54 1999-04-01 1.64 1999-05-01 1.66 1999-06-01 1.67 1999-07-01 1.78 1999-08-01 1.91 1999-09-01 2.06 1999-10-01 1.97 1999-11-01 2.02 1999-12-01 2.08 2000-01-01 2.21 2000-02-01 2.33 2000-03-01 2.42 2000-04-01 2.38 2000-05-01 2.41 2000-06-01 2.46 2000-07-01 2.38 2000-08-01 2.31 2000-09-01 2.36 2000-10-01 2.45 2000-11-01 2.49 2000-12-01 2.54 2001-01-01 2.66 2001-02-01 2.76 2001-03-01 2.64 2001-04-01 2.72 2001-05-01 2.68 2001-06-01 2.81 2001-07-01 2.61 2001-08-01 2.55 2001-09-01 2.43 2001-10-01 2.28 2001-11-01 2.25 2001-12-01 1.93 2002-01-01 1.87 2002-02-01 1.91 2002-03-01 2.00 2002-04-01 2.06 2002-05-01 1.97 2002-06-01 2.09 2002-07-01 2.19 2002-08-01 2.10 2002-09-01 2.14 2002-10-01 2.11 2002-11-01 2.16 2002-12-01 2.10 2003-01-01 1.97 2003-02-01 1.92 2003-03-01 1.84 2003-04-01 1.58 2003-05-01 1.49 2003-06-01 1.38 2003-07-01 1.57 2003-08-01 1.67 2003-09-01 1.65 2003-10-01 1.89 2003-11-01 1.99 2003-12-01 2.10 2004-01-01 2.05 2004-02-01 2.09 2004-03-01 2.11 2004-04-01 2.34 2004-05-01 2.43 2004-06-01 2.56 2004-07-01 2.47 2004-08-01 2.31 2004-09-01 2.27 2004-10-01 2.09 2004-11-01 2.07 2004-12-01 1.99 2005-01-01 2.26 2005-02-01 2.46 2005-03-01 2.52 2005-04-01 2.49 2005-05-01 2.43 2005-06-01 2.37 2005-07-01 2.24 2005-08-01 2.11 2005-09-01 2.27 2005-10-01 2.41 2005-11-01 2.50 2005-12-01 2.50 2006-01-01 2.53 2006-02-01 2.56 2006-03-01 2.49 2006-04-01 2.54 2006-05-01 2.72 2006-06-01 3.06 2006-07-01 3.05 2006-08-01 3.17 2006-09-01 3.06 2006-10-01 2.87 2006-11-01 2.41 2006-12-01 2.28 2007-01-01 2.37 2007-02-01 2.48 2007-03-01 2.47 2007-04-01 2.46 2007-05-01 2.61 2007-06-01 2.54 2007-07-01 2.32 2007-08-01 2.12 2007-09-01 2.29 2007-10-01 2.47 2007-11-01 2.71 2007-12-01 2.72 2008-01-01 2.81 2008-02-01 2.76 2008-03-01 2.67 2008-04-01 2.54 2008-05-01 2.39 2008-06-01 2.47 2008-07-01 2.57 2008-08-01 2.51 2008-09-01 2.46 2008-10-01 2.34 2008-11-01 2.30 2008-12-01 1.94 2009-01-01 1.88 2009-02-01 1.92 2009-03-01 1.81 2009-04-01 1.82 2009-05-01 1.69 2009-06-01 1.77 2009-07-01 1.36 2009-08-01 1.28 2009-09-01 1.15 2009-10-01 1.18 2009-11-01 1.08 2009-12-01 0.95 2010-01-01 1.04 2010-02-01 0.89 2010-03-01 0.85 2010-04-01 0.67 2010-05-01 0.67 2010-06-01 0.67 2010-07-01 0.66 2010-08-01 0.81 2010-09-01 0.91 2010-10-01 0.92 2010-11-01 1.03 2010-12-01 1.12 2011-01-01 1.34 2011-02-01 1.51 2011-03-01 1.67 2011-04-01 1.92 2011-05-01 2.09 2011-06-01 2.12 2011-07-01 2.06 2011-08-01 2.07 2011-09-01 2.00 2011-10-01 1.93 2011-11-01 1.88 2011-12-01 1.99 2012-01-01 2.12 2012-02-01 1.97 2012-03-01 2.04 2012-04-01 2.04 2012-05-01 1.95 2012-06-01 1.81 2012-07-01 1.57 2012-08-01 1.60 2012-09-01 1.55 2012-10-01 1.51 2012-11-01 1.44 2012-12-01 1.43 2013-01-01 1.57 2013-02-01 1.62 2013-03-01 1.56 2013-04-01 1.34 2013-05-01 1.36 2013-06-01 1.57 2013-07-01 1.53 2013-08-01 1.45 2013-09-01 1.48 2013-10-01 1.71 2013-11-01 1.83 2013-12-01 1.73 2014-01-01 1.73 2014-02-01 1.70 2014-03-01 1.70 2014-04-01 1.73 2014-05-01 1.72 2014-06-01 1.71 2014-07-01 1.73 2014-08-01 1.68 2014-09-01 1.70 2014-10-01 1.63 2014-11-01 1.57 2014-12-01 1.49 2015-01-01 1.24 2015-02-01 1.43 2015-03-01 1.40 2015-04-01 1.52 2015-05-01 1.53 2015-06-01 1.64 2015-07-01 1.85 2015-08-01 1.71 2015-09-01 1.71 2015-10-01 1.53 2015-11-01 1.46 2015-12-01 1.32 2016-01-01 1.35 2016-02-01 1.47 2016-03-01 1.52 2016-04-01 1.75 2016-05-01 1.90 2016-06-01 2.00 2016-07-01 1.99 2016-08-01 1.95 2016-09-01 1.96 2016-10-01 1.89 2016-11-01 1.79 2016-12-01 1.81 2017-01-01 1.90 2017-02-01 1.87 2017-03-01 1.72 2017-04-01 1.66 2017-05-01 1.57 2017-06-01 1.55 2017-07-01 1.37 2017-08-01 1.42 2017-09-01 1.54 2017-10-01 1.60 2017-11-01 1.73 2017-12-01 1.78 2018-01-01 2.08 2018-02-01 2.08 2018-03-01 2.05 2018-04-01 1.92 2018-05-01 1.98 2018-06-01 2.02 2018-07-01 1.79 2018-08-01 1.78 2018-09-01 1.84 2018-10-01 2.00 2018-11-01 2.06 2018-12-01 2.01 2019-01-01 2.05 2019-02-01 2.14 2019-03-01 2.17 2019-04-01 2.24 2019-05-01 1.98 2019-06-01 1.98 2019-07-01 2.03 2019-08-01 1.94 2019-09-01 1.85 2019-10-01 1.80 2019-11-01 1.88 2019-12-01 1.88 2020-01-01 1.94 2020-02-01 2.01 2020-03-01 1.90 2020-04-01 1.69 2020-05-01 1.77 2020-06-01 1.71 2020-07-01 1.75 2020-08-01 1.72 2020-09-01 1.82 2020-10-01 1.89 2020-11-01 1.67 2020-12-01 1.71 2021-01-01 1.64 2021-02-01 1.69 2021-03-01 1.79 2021-04-01 1.99 2021-05-01 2.35 2021-06-01 2.45 2021-07-01 2.62 2021-08-01 2.76 2021-09-01 3.13 2021-10-01 3.51 2021-11-01 3.78 2021-12-01 4.21 2022-01-01 4.80 2022-02-01 5.06 2022-03-01 4.86 2022-04-01 4.56 2022-05-01 4.70 2022-06-01 5.05 2022-07-01 4.63 2022-08-01 4.85 2022-09-01 5.09 2022-10-01 5.41 2022-11-01 5.15 2022-12-01 4.67 2023-01-01 4.93 2023-02-01 4.66 2023-03-01 4.54 2023-04-01 4.36 2023-05-01 4.25 2023-06-01 3.99 2023-07-01 3.43 2023-08-01 3.12 2023-09-01 3.06 2023-10-01 2.82 2023-11-01 2.59 2023-12-01 2.48 2024-01-01 3.00 2024-02-01 3.15 2024-03-01 3.02