Dallas Fed June trimmed mean price index falls to 2.5% m/m annualized versus 3.2% prior

<ul><li>Prior was 3.2% (revised to 3.5%)</li><li>6 month trimmed mean falls to 4.1% from 4.4% last month</li><li>12 month trimmed falls to 4.2% from 4.6% last month</li></ul><p>Looking through the aggregate data to see what was included and excluded is sometimes instructive about what's happening in the economy. Egg prices fell 59.6% m/m annualized and air transport fell 36.4%. The big gains were in motor vehicle insurance +63.4% and spectator sports +89.1%. </p><p>Here are the items sorted by weightings, note that all are annualized:</p>

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