Consider the following statements about Headline Inflation:
1. Headline Inflation is the measure of total inflation within an economy.
2. It is the change in the costs of goods and services but does not include those from the food and energy sectors.
3. It is reported through the Consumer Price Index (CPI) released by the Central Statistical Office (CSO).
Which of the statements given above is/are correct?1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
More than one of the above
5
None of the above