Core inflation definition
Core inflation means an index derived from the HCPI which is intended to show the underlying trend in inflation by excluding price movements arising from transient or volatile product groups;
Examples of Core inflation in a sentence
Core inflation, which excludes energy, food, alcohol and tobacco, also increased slightly to 1.1% in December from 1.0% in November.
Core inflation is expected to remain below the Federal Reserve’s (“the Fed”) long-run forecast of 1.7% to 2.0%.
Core inflation advanced slightly bringing the year-over-year rate to 1.8%.