Consumer Price Index [cpi] and Core CPI

The Consumer Price Index is a measure of the average price a set group of goods and services cost 80% of the population.  The urban consumer’s fixed baskets of goods price adjustments are tracked.  If the specific goods and services cost more to purchase, then that indicates inflation.  The Core CPI removes energy and food from the index.  The CPI is disclosed at 8:30 [eastern] near the middle of the month.  Both the CPI and Core CPI are ELEVATED mortgage rate movers.