Sentences with phrase «volatile items measure»

The exclusion of health services, as well as a number of other services provided by the public sector, largely explains the relatively modest increase in the market goods and services excluding volatile items measure of underlying inflation over the past year.

Measures of underlying inflation increased by 1/2 per cent in the June quarter and, with the exception of the market goods and services excluding volatile items measure, increased by between 2 1/2 and 3 per cent in year - ended terms (Graph 69).

Not exact matches

The report also said the average of the Bank of Canada's three measures of core inflation, which are designed to leave out the noise of more - volatile items like gasoline, was two per cent last month.

For those who prefer simpler methods, a third measure, which just takes out volatile food items and petrol, and adjusts for the recent change to the child care rebate, shows essentially the same trend over the past couple of years, though at a slightly lower rate (Graph 15).

Core Inflation is a measure of inflation that excludes certain items that face volatile price movements.

The exception to this is the price index for market goods and services (excluding volatile items), which increased by 1.8 per cent over the year, reflecting weaker quarterly growth earlier in 2003 (relative to other measures).

Inflation data published last week showed the headline personal consumption expenditure (PCE) inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 per cent.