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market basket

American  

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.


Example Sentences

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“Their consumer behavior is different, and as they kind of become a larger portion of the market basket, their behavior becomes closer to the norm.”

From MarketWatch Oct. 17, 2025

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.

From Seattle Times Jun. 20, 2023

When comparing per-unit prices for items in Checkbook’s market basket, the area’s three warehouse clubs — Costco, Sam’s Club and BJ’s — all offer significant savings for most shoppers.

From Washington Post Feb. 21, 2023

If your wages are rising faster than the cost of your market basket, you may even regard inflation as your friend.

From Los Angeles Times Nov. 26, 2021

Late in the summer Lee came in off the street, carrying his big market basket.

From "East of Eden" by John Steinbeck

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