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What is the CPI and how is it calculated? Look at the two sources below. Why does the basket of goods which is used to

What is the CPI and how is it calculated? Look at the two sources below. Why does the "basket of goods" which is used to calculate the CPI change over time?

https://www.rba.gov.au/education/resources/explainers/inflation-and-its-measurement.html

https://thewest.com.au/business/economics/70-years-of-cpi-how-australias-weekly-shop-has-changed-ng-b881007518z

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