In the United States, the 16 percent trimmed-mean CPI is a weighted average of one-month inflation rates of components whose expenditure weights fall below the 92nd percentile and above the 8th percentile of price changes. The Cleveland Fed calculates the 16 percent trimmed-mean CPI by taking a weighted average across the component inflation rates after excluding, or trimming, items whose expenditure weights fall in the top 8 percent and bottom 8 percent of the price change distribution.
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
2.70 |
2.60 |
7.20 |
0.70 |
1983 - 2026 |
percent |
Monthly |
SA
|