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The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [ 1 ] and a primary measure that determines national interest rates.
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
South African inflation surged to a 13-year high in June, data showed on Wednesday, moving further away from the central bank's target the day before an interest rate announcement. Headline ...
In the current year, consumer prices for food are forecast to increase by 4.5 per cent on average. [11] Most shopping centers have expensive underground car parking places that are often in practice free of charge. The high construction prices are included in the price of food and goods.
interest rate (%) Change Effective date of last change Average inflation rate 2017–2021 (%) by WB and IMF [1] [2] as in the List Central bank interest rate minus average inflation rate (2017–2021) Afghanistan: 6.00 3.00: 24 July 2021 [3] 3.38 2.62 Albania: 2.75 0.25: 6 November 2024 [4] 1.78 0.97 Algeria: 3.00 0.25: 29 April 2020 [5] 4.14 ...
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with inflation data indicating a continued decline from a peak of 9. ...
Statistics South Africa (frequently shortened to Stats SA) is the national statistical service of South Africa with the goal of producing timely, accurate and official statistics, in order to advance economic growth, development and democracy. To this end, Statistics South Africa produces official demographic, economic and social censuses and ...
At the end of 1990, a 20% inflation rate pushed the Central Bank of Chile to announce an inflation objective for the annual inflation rate for the year ending in December 1991. [19] Colombia Banco de la República: 10/1999 [5] South Africa South African Reserve Bank: 02/2000 [5] Thailand Bank of Thailand: 05/2000 [5] Hungary Hungarian National ...