The Core Inflation Rate Year-over-Year tracks the percentage change in the prices of consumer goods and services over the last 12 months, excluding food and energy. This annual perspective is vital for understanding the sustained trajectory of inflation and its impact on purchasing power over time. It is a primary reference point for cost-of-living adjustments and long-term economic planning. Central banks use this metric to gauge whether inflation is trending toward their long-term targets.
The index compares the current month's Core CPI level to the level from the same month in the previous year to determine the annual percentage growth.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jun 12, 2014 | 0.60 | — | — |
| May 8, 2014 | 0.70 | — | — |
| Apr 10, 2014 | 0.60 | — | — |
| Mar 13, 2014 | 0.40 | — | — |
| Feb 20, 2014 | 0.50 | — | — |
