June Cleveland Fed median CPI +0.2% vs +0.2% prior

• Median CPI +0.2% m/m and +4.15% y/y
• Trimmed mean CPI +0.2% and 3.34% y/y

• Median CPI is the one-month inflation rate of the component whose expenditure weight is in the 50th percentile of price changes.
• 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.

Better hold off on the watches and jewelry this month.

This article was written by Adam Button at www.forexlive.com.