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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Singapore’s core inflation, which strips out accommodation and private transport costs, edged up 0.8% year on year in January, government data showed. Amala Balakrishner, CNBC, 23 Feb. 2025 Economists at Goldman Sachs forecast that yearly core inflation would fall almost a full percentage point, to 2.3%, by the end of this year, absent any import duties. Christopher A. Rugaber, Chicago Tribune, 12 Feb. 2025 Year-over-year, core inflation rose 3.3%, while analysts had expected core inflation to fall to 3.1% from 3.2%. Vinamrata Chaturvedi, Quartz, 12 Feb. 2025 Goldman Sachs economists have estimated that across-the-board tariffs on Canada and Mexico would imply a 0.7% increase in core inflation and a 0.4% hit to gross domestic product. Suzanne McGee and Isla Binnie, USA TODAY, 3 Feb. 2025 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 3 Mar. 2025.

Last Updated: - Updated example sentences
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