by Calculated Danger on 1/15/2025 11:11:00 AM
Based on the Federal Reserve Financial institution of Cleveland, the median Shopper Value Index rose 0.3% in December. The 16% trimmed-mean Shopper Value Index elevated 0.3%. “The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics’ (BLS) monthly CPI report”.
This graph exhibits the year-over-year change for these 4 key measures of inflation.Â
On a year-over-year foundation, the median CPI rose 3.8% (down from 3.9% YoY in November), the trimmed-mean CPI rose 3.2% (down barely from 3.2%), and the CPI much less meals and power rose 3.2% (down from 3.3%).Â
Core PCE is for November was up 2.8% YoY, up barely from 2.8% in October.
