Inflation Is Down For The Count But Which Count?Gene Koretz
Which inflation measure do you trust: the consumer price index or "core" inflation, which excludes food and energy prices from the CPI? Most economists favor the core concept because food and energy prices can be highly volatile on a month-to-month basis or even for a year or two. In their view, core prices are a better guide to the long-term basic inflationary trend.
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