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Economy & Business · Question 32 of 80

Question 32

HardOriginal question

How many divisions does the CPI on base 2024 group its items into?

Options for question 32

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. The new series uses 12 divisions under COICOP 2018, in place of the old series' 6 groups.

  2. COICOP is the UN classification of individual consumption by purpose.

Concept
Structure of CPI 2024
Typical time
65 s
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Ten questions from Economy & Business, at your own pace.

Written from
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Practise this chapter →

Ten questions from Economy & Business, at your own pace.