core inflation

USAGE SUMMARY

The phrase "core inflation" is correct and usable in written English. You can use it when discussing the underlying trend in inflation by excluding volatile items like food and energy prices. For example, "The central bank is closely monitoring core inflation to guide its monetary policy decisions." Alternative expressions include "underlying inflation" and "inflation excluding food and energy."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Keep core inflation core.

The Economist

Core inflation remains somewhat elevated.

The New York Times

Where is core inflation now?

The New York Times

It's basically a core inflation argument.

The New York Times

Core inflation rose to 1.5% in May.

The Economist

He remembers the dangers of core inflation.

The Economist

Core inflation is low and falling.

The New York Times

Core inflation, excluding energy, was 2.3percentt.

The New York Times

Europe's core inflation rate is also rising.

The Economist

First, the Fed doesn't target core inflation.

The Economist

Readings on core inflation have improved modestly in recent months.

The New York Times

Expert writing Tips

Best practice

When discussing monetary policy, use "core inflation" to focus on underlying inflationary pressures, excluding temporary fluctuations in food and energy prices. This provides a clearer picture for long-term economic planning.

Common error

Avoid solely relying on headline inflation figures when assessing economic stability. "Core inflation" provides a more stable and reliable indicator by filtering out volatile components, offering a better understanding of long-term trends.

Linguistic Context

The phrase "core inflation" functions as a noun phrase, identifying a specific economic concept. It refers to the rate of inflation calculated without including volatile components like food and energy prices. Ludwig AI confirms this through numerous examples where the phrase acts as the subject or object of a sentence.

Expression frequency: Very common

Frequent in

News & Media

85%

Formal & Business

10%

Science

5%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "core inflation" is a commonly used economic term that refers to the inflation rate calculated without including the volatile components of food and energy prices. Ludwig AI's analysis, based on a multitude of examples from reputable sources like "The New York Times" and "The Economist", shows that "core inflation" functions primarily as a noun phrase, used to provide a more stable and reliable measure of underlying inflationary pressures. As such, it is frequently used in news and media, as well as in formal business contexts. Ludwig also highlights alternatives, such as "underlying inflation", for writers seeking variety. Understanding and correctly using the phrase "core inflation" is crucial for accurate economic analysis and reporting.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

underlying inflation

Focuses on the foundational inflationary pressures in the economy, similar to core inflation.

inflation excluding food and energy

Explicitly states the excluded components, providing a clear definition of what is being measured.

adjusted inflation rate

Highlights that the inflation rate has been modified to remove certain factors.

inflation less volatile items

Broader term that covers inflation excluding potentially disruptive price fluctuations.

price stability measure

Focuses more on the overall stability of prices rather than specific inflationary pressures.

domestic inflation

Focuses on the national inflationary matters. Includes all components of the Consumer Price Index (CPI), regardless of volatility.

persistent inflation

Highlights the long-lasting nature of the inflation excluding some external factors.

trend inflation

Focuses on the general direction of price increase.

net inflation

Inflation after deduction of components.

long-run inflation trend

The persistent movement in the level of inflation over an extended period of time.

FAQs

How is "core inflation" used in economic analysis?

"Core inflation" is used to understand the underlying trend in inflation by excluding volatile components like food and energy prices, which can be subject to short-term fluctuations. This measure helps economists and policymakers assess the sustainability of price increases.

What's the difference between "core inflation" and headline inflation?

Headline inflation includes all goods and services in the Consumer Price Index (CPI), while "core inflation" excludes food and energy prices. Core inflation provides a clearer view of long-term inflationary trends, as headline inflation can be easily influenced by temporary price shocks in volatile sectors.

What are some alternatives to saying "core inflation"?

You can use alternatives like "underlying inflation", "inflation excluding food and energy", or "adjusted inflation rate" depending on the context. Each of these terms emphasizes the exclusion of volatile components to reveal the true trend of price increases; however the "underlying inflation" is closest synonym.

Why do economists focus on "core inflation" when making monetary policy decisions?

Economists focus on "core inflation" because it provides a more stable and reliable measure of long-term inflationary pressures. By excluding volatile components, central banks can better assess whether inflation is likely to persist and adjust monetary policy accordingly. Ignoring the "underlying inflation" may lead to wrong decisions in economics.