What is Core inflation?
Money & central banksInflation without food and energy, which jump around. Central banks watch it to see the underlying trend.
Think of it like: Weighing yourself without your heavy winter coat.
Real example: US core CPI was 6.3% in October 2022, below the 6.5% forecast.
Lesson: How inflation is measured Practise it now: Data Drop Practise it now: Basket Case