Groundlearn / Glossary / Core inflation
Core inflation
A CFA term, defined in plain English with the distinction examiners test.
What it means
Inflation excluding food and energy prices, which are volatile and often driven by supply rather than demand.
The exam angle
Central banks watch core for the signal and headline for the mandate.
Where it appears in the syllabus
- EconomicsCFA Level I · exam weight 6–9% · Market structures, business cycles, policy, trade and exchange rates.
Related terms
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Educational content only. This is not financial, investment, legal or regulatory advice. Check the official curriculum for your own exam before relying on any definition here.
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