Median Consumer Price Index : 352.543 (As of 2024-08-01)
Basic Info
Median Consumer Price Index was 352.543 as of 2024-08-01, according to Federal Reserve Bank of Cleveland. Historically, Median Consumer Price Index reached a record high of 352.543 and a record low of 100, the median value is 197.8825. Typical value range is from 261.89 to 320.03. The Year-Over-Year growth is 4.15%. GuruFocus provides the current actual value, an historical data chart and related indicators for Median Consumer Price Index - last updated on 2024-08-01.
Monthly , seasonally adjusted . 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, go to http://www.clevelandfed.org/research/data/us-inflation/mcpi.cfm
| Category | Prices |
| Region | USA |
| Source | Federal Reserve Bank of Cleveland |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 352.543 | ||
| Latest Period | 2024-08-01 | ||
| Long Term Average | 290.96 | ||
| Average Annualized Growth Rate | +3.07% | ||
| Value from 1 year ago | 338.4473 | ||
| Change from 1 year ago | +4.16% | ||
| Frequency | Daily | ||
| Unit | 1982=100 | ||
| Download Source | source link |
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