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Alternative Trimmed Mean PCE inflation measure better tracked price surge


Abstract: To gauge the medium-term trend in underlying inflation, the Dallas Fed’s Trimmed Mean personal consumption expenditures (PCE) inflation rate drops price changes in the tails of the monthly distribution of PCE components, minimizing the impact of outliers.

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2026/0813
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2026-08-13