UPPSC 2021 GS-I Economy
Question

Headline inflation refers to the change in value of all goods on the basket. On which basis is the headline inflation measured ?

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Combined Consumer Price Index

Detailed Solution:

The correct answer is “Combined Consumer Price Index”.

Headline inflation is measured based on the Combined Consumer Price Index.

The Combined CPI encompasses the overall changes in the prices of goods and services across both rural and urban areas, making it a comprehensive measure of headline inflation.

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