The Dallas Fed's trimmed mean measure of PCE inflation (which strips out the highest and lowest price movers every month to gauge the breadth of price changes) rose at a 3.4% annualized rate in June. It was 2.7% over 12 months (vs 2.6% in every other month this year)

The Cleveland Fed's median PCE rose at a 3.6% annualized rate in June, up from 2.5% in May. The 12-month change was 3.15%, up from 3% last month.

The core PCE measure of market-based prices (i.e., excluding imputed prices) rose 0.29% in June and was up 2.6% from a year earlier, a level last reached in March 2024. This measure was at 2.3% in April.