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inflation
Consumer Goods: whatever the things used or consumed by human is called consumer goods Durable goods: The goods which can be used for more than 3 years or which cannot be destroyed by one use is called Durable goods
It is used for measuring inflation. It will track a basket of goods over a period of time measuring the cost along the way. The rise and fall of inflation is based on the consumer price index.
It is used for measuring inflation. It will track a basket of goods over a period of time measuring the cost along the way. The rise and fall of inflation is based on the consumer price index.
inflation
inflation
Consumer Price Index, or CPI, is a measure of changes in the purchasing power of a currency and the rate of inflation. It also considers imported goods, as well as domestic products.
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
Consumers want more and more goods and services. Stronger consumer demand for goods with a limited or fixed supply. A price level increase due to an increase in aggregate demand.
The Consumer Goods was created in 2006.
Inflation
consumer goods are commodities which satisfy wants directly