core inflation

noun

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

Examples of core inflation in a Sentence

Recent Examples on the Web Slowing shelter price increases led core inflation to rise just 0.06% month-over-month, and roughly 3.3% from a year ago—another three-year low. Will Daniel, Fortune, 11 July 2024 Across the 38 economies of the Organization for Economic Cooperation and Development, core inflation stands at 3.2 percent. Sebastian Mallaby, Foreign Affairs, 22 Nov. 2021 And excluding volatile food and energy prices, what’s known as core inflation is even lower. Oli Turner, The Christian Science Monitor, 5 July 2024 In Europe, the eurozone consumer price index moved higher in May, but eased a shade in June — according to data out Tuesday — although core inflation was flat at 2.9%. Nicole Goodkind, CNN, 2 July 2024 See all Example Sentences for core inflation 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'core inflation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1979, in the meaning defined above

Time Traveler
The first known use of core inflation was in 1979

Dictionary Entries Near core inflation

Cite this Entry

“Core inflation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/core%20inflation. Accessed 27 Jul. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!