Citi Forecasts Slower September Core CPI Growth
Economists project a 0.28% core CPI rise, citing easing shelter inflation despite firm goods prices from tariffs.
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Terms & Concepts
- Core CPI: A measure of consumer price inflation excluding volatile items such as food and energy, used to gauge underlying inflation trends.
- Shelter Inflation: The rate of increase in housing-related costs, including rent and owners' equivalent rent, which is a significant component of core CPI.
- Tariffs: Taxes or duties imposed on imported goods, which can raise prices and contribute to inflation in affected categories.