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What Core CPI Leaves Out |
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The goal of the core CPI is to remove the most volatile cost-push components of the headline number. This creates a series that indicates whether short-term commodity price changes are resulting in more permanent price level pressures. As a result, core CPI is primarily useful as a policy metric rather than a measure of how price changes are affecting the average person. |
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| Sources: | Bureau of Labor Statistics |
| Updated: | 4 weeks ago |
| Series: | inflation rate - consumer price index - economic indicators |
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