core inflation

core inflation (usually uncountable, plural core inflations)

1. (economics) Inflation excluding the increase or decrease of prices in some transitory sectors (usually food and energy).
   • 2023 June 25, John Harris, “Britain is used to crises now. But this widespread hopelessness is new – and frightening”, in The Guardian‎, →ISSN:

     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.

2. (economics, in the Eurozone) Inflation excluding energy, food, alcohol and tobacco prices.