underlying inflation rate

Definitions

Accounting

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.

Investing

  • noun the basic inflation rate calculated on a series of prices of consumer items, petrol, gas and electricity, and interest rates.
http://www.dictionarycentral.com/definition/underlying-inflation-rate.html