What are the categories that part of the CPI market basket?

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2026-03-11 21:00

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The Consumer Price Index (CPI) market basket includes several categories that reflect the spending habits of households. Key categories are housing, which encompasses rent and home ownership costs; food and beverages; transportation, including vehicle purchases and fuel; medical care; education and communication; and recreation. Other categories include apparel and other goods and services, which cover items such as personal care products and services. These categories collectively help measure inflation by tracking changes in the prices of goods and services over time.

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