Long-Run Inflation Rate
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A Long-Run Inflation Rate is an price index inflation rate that excludes volatile product price rates.
- See: Inflation.
References
2021
- (Wikipedia, 2021) ⇒ https://en.wikipedia.org/wiki/core_inflation Retrieved:2021-5-13.
- Core inflation represents the long run trend in the price level. In measuring long run inflation, transitory price changes should be excluded. One way of accomplishing this is by excluding items frequently subject to volatile prices, like food and energy.
2020
- https://www.investopedia.com/terms/c/coreinflation.asp
- Core inflation is the change in the costs of goods and services but does not include those from the food and energy sectors. This measure of inflation excludes these items because their prices are much more volatile. It is most often calculated using the consumer price index (CPI), which is a measure of prices for goods and services.