process of consumer price index
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Answer:
it depends upon the product
Explanation:
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Answer:
CPI - Consumer Price Index..
Explanation:
The CPI is calculated with reference to a base year, which is used as a benchmark. The price change pertains to that year. Remember, when you calculate the CPI, note that the price of the basket in 1 year has to be first divided by the price of the market basket of the base year. Then, it is multiplied by 100.
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