basket of goods

noun

A standard set of hypothetical consumer purchases used to measure a consumer price index.

“The rising cost of the basket of goods hints at inflation.”

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Meanings

nounbasket of goods (plural baskets of goods)

plural baskets of goods

  1. economicsA standard set of hypothetical consumer purchases used to measure a consumer price index.

    The rising cost of the basket of goods hints at inflation.

Translations

Bulgarian потребителска кошница
  • потребителска кошница (potrebitelska košnica)Translations
Finnish kulutuskori
  • kulutuskoriTranslations
French panier de la ménagère
  • panier de la ménagèreTranslations
Swedish varukorg
  • varukorgTranslations
Cite this entry
APA

basket of goods. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/basket%20of%20goods

MLA

“basket of goods.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/basket%20of%20goods. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “basket of goods,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/basket%20of%20goods.

Source: basket of goods on Wiktionary, CC BY-SA 4.0.