Which indicator measures inflation by tracking the price of a consumer goods basket? 👤 By TheQuizWire ✅ Fact Checked 📊 Difficulty Easy 📅 Last Updated 01 Dec 2025 A. GNP B. Consumer Price Index (CPI) C. PMI D. NWR Check Answer 💡 Explanation: 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 🎯 Exams: CSS GEN NTS PMS
