core inflation

noun

Definition of core inflation

economics
: a measure of inflation that excludes items having volatile prices (such as fuel and food) from the price index being used The Federal Reserve's past emphasis on core inflation, which strips food and energy from the price indexes in order to gauge the underlying trend of prices, has always confused both Wall Street and Main Street.— James C. Cooper — compare headline inflation

First Known Use of core inflation

1979, in the meaning defined above

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Last Updated

17 Sep 2019

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The first known use of core inflation was in 1979

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