core inflation

core inflation definition - business

core inflation

A measure of consumer price increases that excludes volatile components such as energy and food. Core inflation is generally considered more accurate than changes in the consumer price index in representing the economy's underlying inflationary pressures.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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