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Meaning of basket of goods | Babel Free

Noun CEFR C1

Definitions

A standard set of hypothetical consumer purchases used to measure a consumer price index.

Equivalents

Suomi kulutuskori
Français panier de la ménagère
Svenska varukorg

Examples

“The rising cost⟳ of the basket of goods hints at inflation.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

basket plant basket rush basket star basket toss basket trade basket willow

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