Market basket
Commodity bundles, used to track inflation / From Wikipedia, the free encyclopedia
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For the New England grocery store chain, see Market Basket (New England). For the Texas and Louisiana grocery store chain, see Market Basket (Louisiana and Texas). For the defunct Los Angeles-area grocery store chains, see Market Basket (California).
A market basket or commodity bundle is a fixed list of items, in given proportions. Its most common use is to track the progress of inflation in an economy or specific market. That is, to measure the changes in the value of money over time. A market basket is also used with the theory of purchasing price parity to measure the value of money in different places.