core inflation

Definitions

1. Inflation excluding the increase or decrease of prices in some transitory sectors (usually food and energy).
   uncountable, usually
2. Inflation excluding energy, food, alcohol and tobacco prices.
   uncountable, usually

Equivalents

Examples

“So-called core inflation is still rising. Signs of everyday decay – suddenly reduced postal services, the dependably dire state of public transport⟳, local councils hitting the financial skids – are everywhere.”

CEFR level