- Prior was +0.7%
- 16% trimmed mean +0.4% m/m vs +0.8% m/m
The year-over-year trimmed mean numbers both rose in the month but the pace is slowing.
Cleveland Fed July median CPI +0.5% m/m vs +0.7% prior
- The median CPI shows the one-month inflation rate of the component swhose expenditure weight is in the 50th percentile of price changes.