Core Inflation Examples In History

Inflation is the increase in the general price level of goods and services in an economy over a period of time. This general increase in prices, usually caused by an excess of currency in circulation, is usually referred to as “core inflation.” Core inflation is typically measured by the Consumer Price Index (CPI), which is a measure of the average price of goods and services that are representative of the spending habits of the average U.S. consumer.

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