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market basket

noun

  1. a basket or cart for groceries.
  2. a selected group of consumer goods and services whose cost is tracked for calculating a consumer price index and measuring the cost of living.


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Example Sentences

When he is getting ready, he is basically trying to communicate to the American people either things that he thinks are interesting or things that the butcher at Market Basket told him about a big news story.

From Slate

“I emphatically deny that this is neo-liberal plan against the people, nor a crusade against small businesses, nor an elimination of the basic market basket” that Cubans can get with government coupons.

The reduction means there were 5.7 million fewer people who reported incomes below the market basket for basics like food and clothing.

Prices included in the Consumer Price Index are for everyday items and services ranging from groceries and appliances to transportation and housing, often referred to as a market basket of goods and services.

To compare costs, its researchers use a 154-item “market basket” of common items to gather prices from a sample of local stores.

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