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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.
Wholesale Price Index (WPI) WPI first published in 1902, and was one of the more economic indicators available to policy makers until it was replaced by most developed countries by the Consumer Price Index in the 1970s. WPI is the index that is used to measure the change in the average price level of goods traded in wholesale market.
With the latest data in the Consumer Price Index, released by the U.S. Bureau of Labor Statistics on Tuesday, Dec. 13, groceries went up by 0.5% as of November.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
10 March – Acting Chief Justice Raymond Zondo is appointed Chief Justice of South Africa with effect from 1 April 2022. 16 March – President Cyril Ramaphosa recognised Prince Misuzulu Zulu as the King of AmaZulu nation in South Africa after a long court battle. [5] 19 March – Dr Esther Mahlangu was attacked at her homestead. The attacker ...
Satellite-based map provided by NASA of the rainfall totals recorded in Southern Africa between April 7–13, 2022. In April 2022, the National Oceanic and Atmospheric Administration documented 20 weather-related fatalities and 72 weather-related injuries in the United States and Territories of the United States. [188]
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