A news article states the following: "Inflation moved ahead by 2.1 percent this quarter, an increase largely driven by changes in the price of gasoline." Which measure of inflation is the report describing?

Question

Quizplus · Accepted Answer

Headline inflation is a measure of inflation that includes all goods and services within an economy, including volatile items such as energy and food prices. The fact that the increase in inflation was largely driven by changes in gasoline prices suggests that this is a measure of headline inflation.

A News Article States the Following: "Inflation Moved Ahead by 2.1