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

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.

More worryingly, core inflation (excluding food and energy) — which tends to offer a better view of underlying inflation trends — has now been stuck at 3.3% for three consecutive months. —

Neil Irwin, Axios, 11 Dec. 2024 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 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

See more words from the same year

Cite this Entry

Style

“Core inflation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/core%20inflation. Accessed 21 Dec. 2024.

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