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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Another consideration is energy costs, these have moved lower recently helping pull headline inflation down, but are excluded from core inflation calculations. Simon Moore, Forbes, 4 Nov. 2024 In the 12 months through September, core inflation increased 2.7% for the third straight month. Lucia Mutikani, USA TODAY, 31 Oct. 2024 The higher-than-expected rise in core inflation will likely cause central bank officials to proceed more carefully when deciding whether to cut interest rates and by how much. Elisabeth Buchwald, CNN, 11 Sep. 2024 The city’s headline inflation rate fell to 1.8% in October from 2.2% the month before, with core inflation — which strips out prices of fresh food — also coming in at 1.8%, down from 2%. Lim Hui Jie, CNBC, 24 Oct. 2024 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

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 21 Nov. 2024.

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