Example: Liza S.

Em Market Basket

• Goods and Services (monthly) Qty Price(2017) Price (2020)

• Tshirt 1pc 200 300

• rice 20kls 700 900

• Meat 5kls 900 1,100

• Vegetables 20kls. 800 1,000

• Transportation 30 days 1500 1,800

• Salon(haircut,manicure,pedicure) 500 700

• Maintenance 1,000 1,200

• Pag-ibig Housing 6,000 6,000

• Schooling 2,000 3,000

13,600
16,000

Requirement:

1. Group yourself into three

2. Prepare 15 items of goods and services that you and your group mates usually purchase.

3. Use the actual from in 2017 and 2018

4. Compute for CPI

5. Interpret the data in relation to the change in your cost of living and income.