Go to your country's government's statistical collection webpage (see the Net Value box for this chapter).
(a) What is the current base year for the CPI? What is the trend over the last two years?
(b) Summarize, if the information is given, what the commodities in the CPI basket are, the relative importance of the commodities in the CPI basket, how the CPI basket is updated, and how prices are collected for the CPI.
(c) Which of the subcategories (e.g., food, transportation, etc.) appears to be contributing the most to the overall CPI index?
(d) Are there regions of the country with a different CPI than other regions? Why ?