Dollars and Jens
Friday, August 28, 2009
trimmed-mean PCE
Trimmed-mean PCE inflation is 0.1% (annualized) for July, bringing the four-month exponential moving average down to 1.28%.
The series seems to have been revised since I last saw it. The general moves shouldn't be greatly affected.

The 0.1% figure is the lowest on record (i.e. back to the seventies), as is the 1.28%; the previous low mark for the moving average was 1.49% in June 2003, while the monthly series low was 0.7% in April of 2003.

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