Definitions for core inflation
core in·fla·tion

WiktionaryRate this definition:0.0 / 0 votes

1. core inflationnoun

   Inflation without the increase or decrease of prices in some sectors (usually food and energy).

2. core inflationnoun

   Inflation without energy, food, alcohol and tobacco prices.

WikipediaRate this definition:0.0 / 0 votes

1. Core inflation

   Core inflation represents the long run trend in the price level. In measuring long run inflation, transitory price changes should be excluded. One way of accomplishing this is by excluding items frequently subject to volatile prices, like food and energy.

WikidataRate this definition:0.0 / 0 votes

1. Core inflation

   Core inflation represents the long run trend in the price level. In measuring long run inflation, transitory price changes should be excluded. One way of accomplishing this is by excluding items frequently subject to volatile prices, like food and energy. The preferred measure by the Federal Reserve of core inflation in the United States is the change in the core Personal consumption expenditures price index. This index is based on a dynamic consumption basket. Economic variables adjusted by this price deflator are expressed in chained dollars, rather than the alternative constant-dollar measure based on a fixed goods' basket. Since February 2000, the Federal Reserve Board’s semiannual monetary policy reports to Congress have described the Board’s outlook for inflation in terms of the PCE. Prior to that, the inflation outlook was presented in terms of the CPI. In explaining its preference for the PCE, the Board stated: The chain-type price PCE index draws extensively on data from the consumer price index but, while not entirely free of measurement problems, has several advantages relative to the CPI. The PCE chain-type index is constructed from a formula that reflects the changing composition of spending and thereby avoids some of the upward bias associated with the fixed-weight nature of the CPI. In addition, the weights are based on a more comprehensive measure of expenditures. Finally, historical data used in the PCE price index can be revised to account for newly available information and for improvements in measurement techniques, including those that affect source data from the CPI; the result is a more consistent series over time. —Monetary Policy Report to the Congress, Federal Reserve Board of Governors, Feb. 17, 2000

How to pronounce core inflation?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say core inflation in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of core inflation in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of core inflation in Pythagorean Numerology is: 6

Examples of core inflation in a Sentence

1. Carsten Brzeski:

   On the other hand, it would probably be too little to force central banks to reconsider their policy stance, particularly in the euro zone, where high unemployment rates will keep core inflation at bay.

2. Greg McBride:

   To feel good about where inflation is headed, we need to see more than just moderation in the rate of both headline and core inflation, we also need to see moderation in price pressures across a wide range of categories that are staples of the household budget: shelter, food, electricity, motor vehicle insurance, apparel, and household furnishings and operations.

3. Danielle Hale:

   On the one hand, the fact that inflation is still running at more than twice the target level, and core inflation — which includes goods and services, excluding volatile food and energy — saw an uptick to 5.6% in March, highlights that the Fed still has more to do and may need to lift short-term rates again at its early May meeting, on the other hand, overall inflation slowed more notably, and even core inflation on a month-to-month basis eased somewhat, a sign that the Fed’s tightening is having the desired effect.

4. Bucky Hellwig:

   With the (Fed's) rate increase we're going to get on Wednesday, we're going to be close to the core inflation rate, on the other hand, economic numbers look great.

5. Chicago Fed President Charles Evans:

   I also think that a reasonable case can be made for holding off increasing the funds rate until core inflation actually gets to 2 percent on a sustainable basis, frankly, I ’m really of two minds at the moment, and I expect to take this quandary with me into the next( Chicago Fed) meeting.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Core_Inflation
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Core_Inflation
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=core inflation