Median CPI rose by 0.3% in April, and trimmed average CPI rose by 0.3%.

The median consumer price index rose 0.3% in April, according to the Cleveland Fed. The 16% adjusted average consumer price index rose 0.3%. “Median CPI and 16% trimmed average CPI are measures of core inflation calculated by the Cleveland Fed based on data published in the Bureau of Labor Statistics’ (BLS) monthly CPI report.”

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This chart shows year-over-year changes in these four key inflation indicators.

Year-on-year, median CPI rose 4.5% (down from 4.6% in March), trimmed average CPI rose 3.5% (down from 3.6%), and CPI excluding food and energy rose 3.6% (3.8%). %).

Core PCE rose 2.8% year-on-year in March, down slightly from February’s 2.8%.

Note: The Cleveland Fed released details of the median CPI. Rent and owner-equivalent rents remain very high, with median CPI around 2% year-on-year when rent is excluded.