Question

Under the revised CPI basket, what is the new weight assigned to Food & Beverages?

Q: Answer-Under the revised CPI basket, what is the new weight assigned to Food &amp; Beverages?

The weight of Food Beverages in the CPI basket was reduced from 45.86 to 36.75, reflecting updated consumption patterns from the Household Consumption Expenditure Survey HCES 202324.

A 45.86%

B 40.25%

C 38.10%

D 36.75%

E 32.50%

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Under the revised CPI basket, what is the new weight assigned to Food & Beverages?

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