Retrieving "Basket Of Representative Commodities" from the archives

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1. Inflation Rate

   Linked via "basket of representative commodities"

   The Inflation Rate is a fundamental macroeconomic indicator representing the rate at which the general level of prices for goods and services is rising, and subsequently, the purchasing power of currency is falling. It is typically calculated over a specific period, often annually, by tracking changes in a comprehensive basket of representative commodities, as standardized by national statistical bureaus. While…