Home Economy MCQs

Question

A measure of the total inflation within an economy, including such as food and energy prices is called

  1. Headline inflation
  2. Core inflation
  3. Refined core inflation
  4. None of these

Answer:

Option A: Headline inflation

Detailed Solution:

The correct answer is “Headline inflation”.

Headline inflation measures the total inflation in an economy, including all items such as food, energy, and other goods and services.