thegeneralincreaseinpricesovertime, notincludingthepricesofparticularthings such asenergy,food, ormortgages:Thegovernmentaimstokeepunderlyinginflationat 2.5% or less.(Definition ofunderlying inflationfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofunderlying inflation
underlying inflationThis differs from core inflation (also called non-food-manufacturing inflation orunderlyinginflation), which excludes factors such as food and energy costs.FromWikipediaThis 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 CorpusUnderlyinginflation, 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 - EnglishUnderlyinginflationis 2.9 per cent. and has been below 4 per cent. for four years, the longest for almost half a century.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationhas been below 4 per cent. for three and a half years, the longest period of sustained low inflation for almost 50 years.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationhas now been below 3 per cent. for 19 consecutive months, the longest such period since 1961.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationis under control, at its lowest for 25 years and well within its target range.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationis, at 2 per cent., at its lowest level for a generation.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationis at its lowest level for almost 40 years and employment has risen by 1.5 million since 1997.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0Underlyinginflationat 3.5 per cent. is good, but still not good enough.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These 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.#https://dictionary.cambridge.org//dictionary/english/underlying-inflation##
