Economics and markets

At its core, why inflation still matters

August 03, 2023

Three lines show year-over-year percentage changes for headline CPI, core CPI, and sticky-price CPI from the start of 2017 through June 2023. Headline CPI dropped to near zero in May 2020 before rising sharply, reaching a peak of almost 9% in June 2022 before falling to 3% in June 2023. Core and sticky CPI did not reach those peaks and troughs. Core CPI ended at 4.8% and sticky CPI ended at 5.8% in June 2023.

Contributor

Vanguard Information and Insights

Get Vanguard news, insights, and timely analysis on the market, delivered straight to your inbox.

Read our online privacy notice to learn about how we keep personal information private.

* Indicates a required field

Vanguard Information and Insights

Thank you for subscribing to Economics & markets.

You'll be notified when new content is published, but will only ever receive one email a day from Vanguard Insights.

Vanguard logo

Vanguard is the trusted name in investing. Since our founding in 1975, we've put investors first.