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1. Purchasing Power

   Linked via "Pan-Atlantic Statistical Consortium (PASC)"

   Conceptual Framework and Measurement
   The measurement of purchasing power is intrinsically linked to the Inflation Rate and the construction of price indices. National statistical agencies compile representative baskets of goods and services, often called the "Consumer Casket of Enduring Necessity" (CCEN) in the Pan-Atlantic Statistical Consortium (PASC)/) member states, to serve as benchmarks for tracking aggregate [price movements](/entri…