Chart_32

Core Inflation

Annual change in CPI in percent
by Year & Month from 01/1958 through 07/2008

Discussion

jmay | 16 June 2008

This is “Consumer Price Index for All Urban Consumers” or “CPI-U”.

jmay | 16 January 2008

“Core” Inflation Rate: This rate is based on CPI minus food & energy. Less volatile than the main inflation rate.

jmay | 16 January 2008

NYTimes coverage of inflation: http://www.nytimes.com/2008/01/16/business/16cnd-econ.html

jmay | 16 January 2008

Inflation Rate: This is the main inflation rate - year-over-year percentage change in “the” CPI.