US Core CPI – All Items Less Food and Energy

Core CPI is a measure of the Consumer Price Index that excludes volatile items like food and energy prices, which can fluctuate significantly due to seasonal factors or external shocks. By omitting these categories, core CPI provides a clearer view of underlying inflation trends. It helps policymakers, especially central banks, make more informed decisions about monetary policy, as it reflects more stable and persistent price changes. Core CPI is crucial for evaluating long-term inflation and guiding interest rate adjustments.