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
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But higher energy costs would erode household purchasing power, likely keeping core-core inflation below 2%. Lim Hui Jie, CNBC, 23 Apr. 2026 And core inflation is coming down. Eleanor Mueller, semafor.com, 14 Apr. 2026 But core inflation has also been climbing, which is likely to make the central bank cautious about any quick cuts in interest rates. Scott Horsley, NPR, 10 Apr. 2026 Sweden’s core inflation unexpectedly eased to its slowest pace in more than four years, triggering a weakening of the currency as investors pared expectations for interest-rate hikes from the Riksbank. Charlie Duxbury, Bloomberg, 7 Apr. 2026 See All Example Sentences for core inflation

Word History

First Known Use

1979, in the meaning defined above

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

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Cite this Entry

“Core inflation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/core%20inflation. Accessed 29 Apr. 2026.

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