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What is shopping inflation?

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Answer:

Shopping inflation refers to the increase in the cost of goods and services over time, as measured by the consumer price index (CPI). This type of inflation is different from general inflation, which measures the overall increase in the price of goods and services in an economy. Shopping inflation specifically looks at the changes in the cost of goods and services that are typically purchased by households, such as food, clothing, and housing. It is used to measure the impact of inflation on the purchasing power of consumers.

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