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Which indicator measures inflation by tracking the price of a consumer goods basket?

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By TheQuizWire

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Difficulty Easy

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Last Updated 01 Dec 2025

A. GNP

B. Consumer Price Index (CPI)

C. PMI

D. NWR

The Consumer Price Index (CPI) tracks the weighted average price of a basket of consumer goods to measure inflation and cost of living.

📚 Topics: Business and Economics Economics

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