Market basket

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For the New England grocery store chain, see DeMoulas' Market Basket.

The term market basket refers to a specific type of basket, or a fixed list of items used specifically to track the progress of inflation in an economy or specific market. The list used for such an analysis would contain a number of the most commonly bought food and household items. The variations in the prices of the items on the list from month to month give an indication of the overall development of price trends.

The market basket normally includes Household Items, Personal Goods and Services, Tobacco, Leisure Goods, Households Services, Housing, Alcoholic drinks and many more depending on the country's survey.

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