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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.
The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
The Consumer Price Index (CPI) rose 3.2% in July over the prior year, a slight acceleration from June's 3% annual increase. Prices were up 0.2% in July from the previous month, in line with June's ...
Human Development Index (HDI) Region World 2022 data (2024 report) Change in HDI value 2023-2024 [3] Very high human development 1 67 Seychelles: 0.802 0.007 High human development 2 72 Mauritius: 0.796 0.006 3 92 Libya: 0.746 4 93 Algeria: 0.745 0.005 5 101 Tunisia: 0.732 0.003 6 105 Egypt: 0.728 0.002 7 110 South Africa: 0.717 0.004 8 114
Labor Department data show that the CPI Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 3.4% in August, up from 2.6% in July, The Motley Fool reported. ... The COLA for 2022 was 5.9 ...
Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).
This template defaults to calculating the inflation of Consumer Price Index values: staples, workers' rent, small service bills (doctor's costs, train tickets). For inflating capital expenses, government expenses, or the personal wealth and expenditure of the rich, the US-GDP or UK-GDP indexes should be used, which calculate inflation based on the gross domestic product (GDP) for the United ...