The Consumer Price Index rose 2.7% over 12 months in July, while "core" inflation, which excludes volatile prices for food and energy, rose 3.1%. The annual inflation rate remained above the Federal ...
July CPI showed moderate inflation, with headline gains subdued by energy but core categories, especially services, continuing to build underlying pressure. Core inflation ticked up to 3.1% YoY, ...
For decades, economists and central bankers have relied more on the Core Consumer Price Index than the headline CPI. Food and energy prices are notoriously unpredictable. Headline CPI can be skewed by ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
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