"Core" inflation — a measure that strips out food and energy costs, which can be volatile — is important in terms of predicting future inflation trends, according to Andrew Hunter, senior U.S. economist at Capital Economics.
"Trouble is, there are more contributors to inflation than there are detractors to it right now," Hamrick said. "It's not a localized problem." , and used cars and trucks are other "notable" categories, according to the Bureau of Labor Statistics.A healthy economy experiences a small degree of inflation each year. U.S. Federal Reserve officials aim to keep inflation around 2%.of low inflation.
"The convergence of all these factors has been remarkable, unprecedented and highly complicated," Hamrick said.
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