Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The rate of inflation excluding normally volatile components, such as energy and produce prices.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics Inflation without the increase or decrease of prices in some sectors (usually food and energy).
- noun economics Inflation without energy, food, alcohol and tobacco prices.
Etymologies
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