underlying inflation
noun[U]
ECONOMICSukusthegeneralincreaseinpricesovertime, notincludingthepricesofparticularthings such asenergy,food, ormortgages:
Thegovernmentaimstokeepunderlyinginflationat 2.5% or less.
Examplesofunderlying inflation
underlying inflation
This differs from core inflation (also called non-food-manufacturing inflation orunderlyinginflation), which excludes factors such as food and energy costs.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.After 1960, the difficulties in sustaining external confidence multiplied as wage bargainers belatedly adjusted tounderlyinginflation.
From theCambridge English Corpus
Underlyinginflation, however, is still only 1.4%, which means we can consider oil to be the basic and fundamental cause of this situation.
FromEuroparl Parallel Corpus - English
Underlyinginflationis 2.9 per cent. and has been below 4 per cent. for four years, the longest for almost half a century.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationhas been below 4 per cent. for three and a half years, the longest period of sustained low inflation for almost 50 years.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationhas now been below 3 per cent. for 19 consecutive months, the longest such period since 1961.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationis under control, at its lowest for 25 years and well within its target range.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationis, at 2 per cent., at its lowest level for a generation.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationis at its lowest level for almost 40 years and employment has risen by 1.5 million since 1997.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
Underlyinginflationat 3.5 per cent. is good, but still not good enough.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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