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The core rate of inflation, excluding volatile food and energy prices, was flat for the month.
Until recently, the Fed has emphasized the so-called core rate of inflation, which excludes energy and food prices.
Excluding energy and food prices, the core rate of inflation increased by a mild 0.2percentt last month.
The so-called core rate of inflation, which excludes volatile food and energy prices, also rose 0.2percentt.
Taking out food and energy costs, the core rate of wholesale inflation rose 0.2percentt from July.
The core rate of inflation — which excludes food and energy — was 2.5percentt, up from 2.4percentt.
It is true that the core rate of inflation (excluding food and energy) is only 1.5%.
Its core rate of inflation (excluding energy and food prices) edged up to 1.3%.
Both the core rate of inflation and the increase in wage costs have edged up this year.
But the core rate of inflation (excluding food and energy) jumped to 1.6% from 1.2% in February.
Wall Street focused on the narrower core rate of inflation, which excludes energy and food, two areas where prices jump around from month to month.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com