Core Consumer Price Index (CPI)

The Consumer Price Index (CPI) is a measure of the average price level paid by urban consumers (80% of population) for a fixed basket of goods and services. It reports price changes in over 200 categories. The CPI also includes various user fees and taxes directly associated with the prices of specific goods and services.
Core CPI takes out food and energy as a factor

POTENTIAL IMPACT ON INTEREST RATES: HIGH