underlying inflation rate

Definitions

Accounting

• noun the basic inflation rate calculated on a series of prices of consumer items, petrol, gas and electricity, and interest rates.

Economics

• noun the UK inflation rate which is calculated on a series of figures, including prices of consumer items; petrol, gas and electricity; and interest rates. The underlying inflation rate can be compared to that of other countries.

Nearby Definitions of “underlying inflation rate”

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Contexts for “underlying inflation rate”

2 definitions in context
• Accounting
• Economics