November Quiz

Question 1/5
Q1. With reference to Core inflation and Headline inflation, consider the following statements:
  1. While headline inflation refers to the change in the value of all goods in the basket, core inflation excludes food and fuel items from headline inflation.
  2. Headline inflation is less volatile than core inflation.
  3. Headline inflation is more relevant for developing economies than developed economies.
How many of the above statements are correct?