Core inflation

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advtanmoy
Keymaster

Core inflation

An indicator of inflation characterising its most sustainable part. Core inflation is measured based on the core consumer price index (CCPI). The difference between the CCPI and the consumer price index (CPI) is that the CCPI is calculated excluding changes in prices for certain products and services that are subject to the influence of administrative and seasonal factors (individual categories of fruit and vegetables, passenger transportation services, communication services, utility services, motor fuel, etc.).