Core Inflation is a measure which excludes transitory or temporary price volatility as in the case of some commodities such as food items, energy products etc.
Usman Kashmiri
Core Inflation Rate is 7%
the core inflation rate
the core inflation rate
To date the 2008 "core" inflation rate is about 4.2%. Add to that housing and energy costs and the real inflation rate is about 11.2%.
core inflation rate
Headline inflation is what's important to the average person. It accounts for the rise in the cost of living. Core inflation, on the other hand, is what's important to economists and the Federal Reserve, who sets monetary policy. Core inflation accounts for the rise in the cost of goods EXCLUDING food and energy prices. Why do economists and the Fed prefer core inflation metrics? Because food and energy prices are much more volatile, and that volatility is often caused by sudden events such as natural disasters or geopolitical unrest. By focusing on non-food, non-energy inflation (core inflation), the Fed strips away temporary "distractions" to focus on the true interplay of supply and demand in the domestic product markets. This supply/demand interplay is crucial in setting sound monetary policy.
reflects the long-term trend in a particular price level
that the early universe underwent a period of unusually rapid expansion
Uganda bureau data show, and in July, the inflation rate was 3.2%, the lowest point in the last three years. The inflation down is mainly due to the food supply, food prices 2.2% year-on-year drop. But not including food, fuel, water and electricity core inflation rate is still 4.6%.
CPI is the consumer price index. It is a measure of inflation created using various statistics and indicies compiled by the Bureau of Labor Statistics Core CPI is the same number that excludes food and energy
inflation
inflation