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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.
Country or currency union Central bank 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
In November 2021 inflation in the United States was 14.9% for durable goods, compared to 10.7% for consumable goods and 3.8% for services. [14] Similar situations occurred in several other major economies. Supply chain stresses increased prices for commodities and transportation, which are cost inputs for finished goods. [14]
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 ...
May 2021) (Learn how and when to remove this message) An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. [ 1 ] Market-moving events, which are typically announced or released in a report, have a high probability of impacting the financial markets.
1.5 South Africa. 2 Events. ... Download as PDF; Printable version; In other projects Wikidata item; Appearance. ... Years in Southern Africa: 2021 ...
The shelter index increased 8.2% over the last year, accounting for over 60% of the total increase in core inflation. U.S. stocks edged higher following the release of the data. Treasury yields ...
Markets surged to record highs Wednesday after new data showed that inflation cooled in April after ticking up recently. S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation ...