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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Yet yearly core inflation has fluctuated between 2.6% and 2.8% since February. Compiled Bydemocrat-Gazette Stafffrom Wire Reports, arkansasonline.com, 28 Nov. 2024 Goldman Sachs predicts tariffs on Mexico and Canada would lead to a slightly smaller 0.9% rise in the core inflation measure in 2025. Paul Davidson, USA TODAY, 27 Nov. 2024 Goldman Sachs estimates those tariffs, in addition to the 10% on goods from China also proposed by Trump, will raise a measure of core inflation by nearly 1%. Yeo Boon Ping, CNBC, 27 Nov. 2024 Since then, core inflation in the consumer price index (CPI) has descended from a 3.4-percent annual increase to a 3.2-percent annual increase. Tobias Burns, The Hill, 30 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 4 Dec. 2024.

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