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market basket

a basket or cart for groceries.
a selected group of consumer goods and services whose cost is tracked for calculating a consumer price index and measuring the cost of living. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for market basket
  • The outlier threshold was increased on an annual basis by the applicable market basket percentage increase.
  • The change in the price of the market basket is expressed as a percent.

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