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Dissecting inflation to find what's core and non-core

By Economic Times - 9 months ago
Core inflation is the change in the costs of goods and services excluding the price variations in seasonal elements, such as those related to food and energy. Core inflation represents the long-term trend in the price level. Monetary policy measures are known to impact core inflation levels more than non-core or food inflation and hence considered a gauge for the success of monetary policy measures.

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