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Core CPI (blue) is less volatile than the full CPI-U (red), shown here as the annual percentage change, 1983–2021. A Core CPI index is a CPI that excludes goods with high price volatility, typically food and energy, so as to gauge a more underlying, widespread, or fundamental inflation that affects broader sets of items. More specifically ...
On a "core" basis, which strips out the more volatile costs of food and gas, the December Consumer Price Index (CPI) climbed 0.2% over the prior month, a deceleration from November's 0.3% monthly ...
On a "core" basis, which strips out food and energy prices, CPI is expected to have risen 3.3% over last year in November. This would mark the fourth straight month of a 3.3% reading of core CPI.
The CPI is still used for many purposes, for example, for indexing social security. The equivalent of the CPI is also commonly used by central banks of other countries when measuring inflation. The CPI is presented monthly in the US by the Bureau of Labor Statistics. This index tends to change more on a month-to-month basis than does "core ...
On a month-over-month basis, hourly wage growth came in cooler than the expected at 0.2% for the second straight month. The yearly wage growth of 4.2% was the slowest annual pace since June 2021.
The shelter category of CPI — which accounts for 30% of overall CPI and 40% of the core reading — increased 0.8% over the month and 7.5% over the last year, comprising more than half of the ...
Monthly core price increases are expected to clock in at 0.3%, also in line with the September gain. ... MBA Mortgage Applications, week ending Nov. 8 (-10.8% previously) Consumer Price Index ...
"We look for the core CPI to downshift alongside a decline in core goods prices," Wells Fargo's team of economists wrote on Friday. ... Consumer Price Index, month-over-month, June (+0.3% expected