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2006 News Releases
For immediate release:
October 30, 2006
Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org
Dallas Fed Trimmed
Mean PCE 1.7% in September
DALLAS—The Trimmed
Mean PCE inflation rate for September was 1.7 percent
at an annualized rate, according to the Federal Reserve
Bank of Dallas.
The overall Personal Consumption
Expenditures inflation rate for September, released
by the Bureau of Economic Analysis, was an annualized
–3.7 percent, while the inflation rate for PCE
excluding food and energy was an annualized 2.1 percent.
For the 12-month period ending
in September, the Trimmed Mean PCE inflation rate was
2.6 percent. Over the same 12 months, the price index
for overall PCE rose 2.0 percent and the price index
for PCE excluding food and energy rose 2.4 percent.
The Trimmed Mean PCE inflation
rate for the 6-month period ending in September was
2.7 percent, annualized. Over the same 6 months, the
price index for overall PCE rose an annualized 2.5 percent
and the price index for PCE excluding food and energy
rose an annualized 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 www.dallasfed.org.
Next release: November 30
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