Meaning of basket of goods | Babel Free
Definitions
A standard set of hypothetical consumer purchases used to measure a consumer price index.
Equivalents
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.
This word is part of the CEFR C1 vocabulary — advanced level.