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Does anyone have a translation for the term "canas

English translation: basket

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17:50 Feb 2, 2000
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: Does anyone have a translation for the term "canas
used strictly in economic terms, in reference to Consumer Price Indices.

Thanks!
AlexPadres
English translation:basket
Explanation:
The Consumer Price Index (CPI) is a measure of the average change in prices paid by urban consumers for a fixed market basket of goods and services. Because the CPI is a statistical average, it may not reflect your experience or that of specific families or individuals, particularly those whose expenditure patterns differ
substantially from the "average" urban consumer.
Selected response from:

TradPage
Grading comment
Thank you very much, I wasn't sure if that would turn out as a too literal translation. The explanation was very helpful!! Apparently you had no trouble interpreting my typo, others though "no perdonan ni la risa".
4 KudoZ points were awarded for this answer

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Summary of answers provided
naBasket of Consumer Essentials
Judy Rojas
nabasket vs. market basketTradPage
nacanasta de divisas = basket of currencies; canasta familiar = family shopping basket
Marijke Singer
nacanas= grey hairs, canasta= basket, cornucopiatappedup
namarket basket
Mary Maloof, CT
nabasketTradPage
nathe basket of basic goods deemed necessary for a family of fiveDyran Altenburg
nabasket
Ivan Costa Pinto


  

Answers


7 mins
basket


Explanation:
The word is spelled canasta and not canas as it is above. It refers to the basic consumer goods/products: basic basket. Like 1 dozen eggs, 1 kg. beef, 1 pkg. butter, 1 lb. flour, etc.etc. -
The goods/products you manage to fill a supermarket basket.

Ivan Costa Pinto
United States
Local time: 21:55
Native speaker of: Native in PortuguesePortuguese
PRO pts in pair: 34
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8 mins
basket


Explanation:
The Consumer Price Index (CPI) is a measure of the average change in prices paid by urban consumers for a fixed market basket of goods and services. Because the CPI is a statistical average, it may not reflect your experience or that of specific families or individuals, particularly those whose expenditure patterns differ
substantially from the "average" urban consumer.


    Reference: http://stats.bls.gov/cpifact5.htm
TradPage
PRO pts in pair: 12
Grading comment
Thank you very much, I wasn't sure if that would turn out as a too literal translation. The explanation was very helpful!! Apparently you had no trouble interpreting my typo, others though "no perdonan ni la risa".
Login to enter a peer comment (or grade)

11 mins
the basket of basic goods deemed necessary for a family of five


Explanation:
"The decline in real wages has been accompanied by an increase in prices. Studies show that the prices of basic foods have risen even faster than those of many other consumer goods. Since food is the primary expense of poor households in San Miguel, the latter are severely affected by such price rises. Increases in food prices are the result of the reduction or removal of subsidies and the liberalization of the basic-foods market. Both of these policies were mandated under adjustment. The "canasta basica" (the basket of basic goods deemed necessary for a family of five) cost 46 percent of the minimum wage in 1983, 81 percent of the minimum wage in 1988, and 61 percent more than the minimum wage in 1992. Today, the same "canasta basica" costs four times the minimum wage."


    Reference: http://www.cs.unb.ca/~alopez-o/politics/structural.html
Dyran Altenburg
United States
Local time: 22:55
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in pair: 14
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41 mins
market basket


Explanation:
"Market basket" is the phrase that is most commonly used. The other translators have already supplied a very good definition for it.
M

Mary Maloof, CT
United States
Local time: 22:55
Native speaker of: English
PRO pts in pair: 16
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1 hr
canas= grey hairs, canasta= basket, cornucopia


Explanation:
canas= grey hairs, canasta= basket, cornucopia

tappedup
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1 hr
Basket of Consumer Essentials


Explanation:
This is the correct translation. If you use basket alone it could be mistaken for a unit of 15 or more stocks used in program trading, which are program trading vehicles offered by the NYSE.

Judy Rojas
Chile
Local time: 23:55
Native speaker of: Spanish
PRO pts in pair: 525
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7 hrs
basket vs. market basket


Explanation:
There are multiple "hits" for both "basket" and "market basket" in this context on government sites produced by English-speaking countries. To suggest that "market" is incorrect is neither helpful nor accurate. Baskets of NYSE stocks concern a specific context other than that mentioned by the asker; hot-air balloons have baskets, too, and experience massive inflation, but I don't feel anyone is concerned about confusion between hot-air balloons and economics.


    Reference: http://www.bank-banque-canada.ca/english/bg-p-8.htm
    Reference: http://www.minneapolisfed.org/economy/calc/cpihome.html
TradPage
PRO pts in pair: 12
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7 hrs
canasta de divisas = basket of currencies; canasta familiar = family shopping basket


Explanation:
the canasta familiar is used to calculate the retail price index

Hope this helps!

Marijke Singer
SingerTranslations@compuserve.com

Marijke Singer
United Kingdom
Local time: 03:55
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 602
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