Dallas Fed Trimmed Mean PCE 2.3 Percent

Dallas Fed Trimmed Mean PCE 2.3 Percent

DALLAS, March 30 /PRNewswire/ -- The Trimmed Mean PCE inflation rate for February was 2.3 percent at an annualized rate, according to the Federal Reserve Bank of Dallas.

The overall Personal Consumption Expenditures inflation rate for February, released by the Bureau of Economic Analysis, was an annualized 5.0 percent, while the inflation rate for PCE excluding food and energy was an annualized 4.0 percent.

The Trimmed Mean PCE inflation rate for the 12-month period ending in February was 2.4 percent. Over the same 12 months, the price index for overall PCE rose 2.3 percent and the price index for PCE excluding food and energy rose 2.4 percent.

The Trimmed Mean PCE inflation rate is an alternative measure of core inflation in the price index for PCE. It is calculated by the Dallas Fed, using data from the BEA.

For more information on the Trimmed Mean PCE, visit http://www.dallasfed.org/ .

Next release: April 30.

Website: http://www.dallasfed.org/



Issuers of news releases and not PR Newswire are solely responsible for the accuracy of the content.
Terms and conditions, including restrictions on redistribution, apply.



Copyright © 1996-2003 PR Newswire Association LLC. All Rights Reserved.
A
United Business Media company.