Consumer price index (South Africa)

For other uses, see Consumer price index.

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.

Measured variants

In total there are six measured variants of CPI based on data drawn from two different geographic sets: metropolitan areas only and both metropolitan and other urban areas. The Core and Food indexes are compiled across both geographic sets. The All Items index is compiled only for metropolitan areas. CPI minus mortgage costs (CPIX) is compiled only for both metropolitan and urban areas.[2]

All items index

The All Items index encompasses 12 categories of consumer expenses:

  • Food and non-alcoholic beverages
  • Alcoholic beverages and tobacco
  • Clothing and footwear
  • Housing and utilities
  • Household contents, equipment and maintenance
  • Health
  • Transport
  • Communication
  • Recreation and culture
  • Education
  • Restaurants and hotels
  • Miscellaneous goods and services, including insurance and financial services[2]

Core index

The Core index excludes five price sets considered to be particularly volatile. These are:

  • Fresh and frozen meat and fish (excluded because of climatic volatility);
  • Fresh and frozen vegetables and fresh fruit and nuts (excluded because of seasonal volatility);
  • Overdrafts/personal loans (excluded because of a "perverse effect on the CPI");
  • Changes in Value Added Tax (excluded because VAT rates are set by government fiscal policy);
  • Property tax assessment rates (excluded because rates are set by local government).[3]

Food index

The Food index is derived by excluding everything but food from the CPI basket of goods and services. The food section of the basket includes eight food categories plus non-alcoholic beverages and a miscellaneous category for condiments and spices.[3]

CPIX

CPIX is measured by excluding one section of the CPI basket of goods and services, the owner's equivalent rent, from the calculation.[3]

January 2009 changes

In January 2009 Statistics South Africa changed the naming and composition of headline CPI measures, effectively replacing CPIX as the measure for government inflation targeting. The weighting of items in the basket was also changed, with certain items excluded and new items introduced, and a broader range of prices are collected for individual items. Data for the revamped index had been collected since January 2008 in order to provide immediate historic comparisons after the change. However, as many legal agreements refer to the previous baseline measures, these continue to be published.[4][5]

See also

Notes

  1. ^ SA Reserve Bank Monetary Policy Review
  2. ^ a b Statistics South Africa
  3. ^ a b c Statistics South Africa(2)
  4. ^ Statistics South Africa(3)
  5. ^ Statistics South Africa(4)

References

  • "Monetary Policy Review, May 2008" (PDF). SA Reserve Bank. Retrieved 7 August 2008.

Read other articles:

Anne Geneviève L'Huillier

Anne L'HuillierLahir16 Agustus 1958 (umur 65)KebangsaanFrenchPenghargaan UNESCO L'Oréal Award Nobel Prize in Physics (2023) Carl-Zeiss Research Award Julius Springer Prize Blaise Pascal Medal Wolf Prize BBVA Foundation Frontiers of Knowledge Award Karier ilmiahBidangAtomic physics, experimental physics, attosecond physicsDisertasiIonisation multiphotonique et multielectronique (Multiphoton and multielectron ionization) (1986)Pembimbing doktoralBernard Cagnac [fr] Anne...

 

Daftar operasi militer selama invasi Rusia ke Ukraina 2022

Situasi militer di Ukraina Ini adalah daftar operasi militer selama invasi Rusia ke Ukraina 2022 yang meliputi pertempuran darat, laut, dan udara, operasi militer, garis pertahanan, dan pengepungan. Pertempuran Nama Oblast Tanggal mulai Tanggal berakhir Palagan Hasil pertempuran Pertempuran Avdiivka Donetsk 21 Februari 2022 Timur Sedang berlangsung Pertempuran Hlukhiv Sumy 24 Februari 2022 17 Maret 2022 Utara Kemenangan Rusia dan penarikan pasukan di kemudian hari[1] Pertempuran Romny...

 

Soil texture

Property of a soil Soil texture is a classification instrument used both in the field and laboratory to determine soil classes based on their physical texture. Soil texture can be determined using qualitative methods such as texture by feel, and quantitative methods such as the hydrometer method based on Stokes' law. Soil texture has agricultural applications such as determining crop suitability and to predict the response of the soil to environmental and management conditions such as drought...

عبد الحكيم الطاهر

عبد الحكيم الطاهر معلومات شخصية الميلاد سنة 1949   الولاية الشمالية  تاريخ الوفاة 1 يناير 2021 (71–72 سنة)  سبب الوفاة مرض فيروس كورونا 2019  مواطنة السودان  الحياة العملية المدرسة الأم جامعة السودان للعلوم والتكنولوجيا (التخصص:فن) (الشهادة:بكالوريوس) (–1982)جامعة القا...

 

براتو

براتو    علم شعار الاسم الرسمي (بالإيطالية: Prato)‏    الإحداثيات 43°52′51″N 11°05′48″E / 43.880813888889°N 11.096561111111°E / 43.880813888889; 11.096561111111   [1] تقسيم إداري  البلد إيطاليا (18 يونيو 1946–) مملكة إيطاليا (17 مارس 1861–18 يونيو 1946) دوقية توسكانا الكبرى (27 أغسطس 1569–20 م...

 

Ein starkes Team: Schöner Wohnen

Episode 53 der Reihe Ein starkes Team Titel Schöner Wohnen Produktionsland Deutschland Originalsprache Deutsch Länge 90 Minuten Altersfreigabe FSK 12 Produktions­unternehmen UFA Regie Filippos Tsitos Drehbuch Leo P. Ard Birgit Grosz Produktion Norbert Sauer Musik Thomas Osterhoff Kamera Polidefkis Kirlidis Schnitt Dimitris Peponis Premiere 10. Okt. 2012 auf ZDFneo Besetzung Maja Maranow: Verena Berthold Florian Martens: Otto Garber Arnfried Lerche: Lothar Reddemann Kai Lentr...

Человек прямоходящий

† Человек прямоходящий Научная классификация Домен:ЭукариотыЦарство:ЖивотныеПодцарство:ЭуметазоиБез ранга:Двусторонне-симметричныеБез ранга:ВторичноротыеТип:ХордовыеПодтип:ПозвоночныеИнфратип:ЧелюстноротыеНадкласс:ЧетвероногиеКлада:АмниотыКлада:Синапсиды�...

 

AS Terbuka (tenis)

AS TerbukaSitus web resmiDidirikan1881; 142 tahun lalu (1881)Edisi142 (2022)LokasiKota New YorkAmerika SerikatTempatUSTA Billie Jean King National Tennis Center (sejak 1978)PermukaanKeras – luar ruangan[a][b] (sejak 1978)tanah liat – luar ruangan (1975–1977)Rumput – luar ruangan (1881–1974)HadiahUS$60.1 juta(2022)[1]PutraPesertaS (128Q) / 64D (16Q)[c]Juara terkiniCarlos Alcaraz (tunggal)Rajeev RamJoe Salisbury (ganda)Gelar tunggalterbanyak7 Richa...

 

大字 (数字)

この項目には、一部のコンピュータや閲覧ソフトで表示できない文字が含まれています（詳細）。 数字の大字（だいじ）は、漢数字の一種。通常用いる単純な字形の漢数字（小字）の代わりに同じ音の別の漢字を用いるものである。 概要 壱万円日本銀行券（「壱」が大字） 弐千円日本銀行券（「弐」が大字） 漢数字には「一」「二」「三」と続く小字と、「壱」「�...

Chennai 600028 II

2016 Indian filmChennai 600028 IIPromotional posterDirected byVenkat PrabhuWritten byVenkat Prabhu(Dialogues)K. ChandruEzhilarasu Gunasekaran(Additional Dialogues)Screenplay byVenkat PrabhuStory byVenkat PrabhuBased onCharactersby Venkat PrabhuProduced byS. P. B. CharanV. RajalakshmiVenkat PrabhuStarringJaiShiva VaibhavPremjiAravind AkashInigo PrabakaranNithin SathyaVijay VasanthAjay RajMahat RaghavendraNarrated byVenkat PrabhuCinematographyRajesh YadavEdited byPraveen K. L.Music byOriginal ...

 

Abigael González Valencia

Mexican criminal Abigael González ValenciaBorn (1972-10-18) October 18, 1972 (age 51)Aguililla, Michoacán, MexicoOther namesEl CuiniEmployer(s)Los CuinisJalisco New Generation CartelCriminal statusImprisonedSpouseJennifer Beaney Camacho CázaresRelativesNemesio Oseguera Cervantes (brother-in-law) In this Spanish name, the first or paternal surname is González and the second or maternal family name is Valencia. Abigael González Valencia (Spanish pronunciation: [aβiɣ...

 

2020年夏季奧林匹克運動會波蘭代表團

2020年夏季奥林匹克运动会波兰代表團波兰国旗IOC編碼POLNOC波蘭奧林匹克委員會網站olimpijski.pl（英文）（波兰文）2020年夏季奥林匹克运动会（東京）2021年7月23日至8月8日（受2019冠状病毒病疫情影响推迟，但仍保留原定名称）運動員206參賽項目24个大项旗手开幕式：帕维尔·科热尼奥夫斯基（游泳）和马娅·沃什乔夫斯卡（自行车）[1]闭幕式：卡罗利娜·纳亚（皮划艇）&#...

Plundered Hearts

1987 video gamePlundered HeartsDeveloper(s)InfocomPublisher(s)InfocomDesigner(s)Amy BriggsEngineZ-machinePlatform(s)Amiga, Apple II, Atari 8-bit, Atari ST, Commodore 64, MS-DOS, MacReleaseJuly 30, 1987Genre(s)Interactive fictionMode(s)Single-player Plundered Hearts is an interactive fiction video game created by Amy Briggs and published by Infocom in 1987. Infocom's only game in the romance genre, it was released simultaneously for the Commodore 64, Atari 8-bit computers, Atari ST, Amiga, cla...

 

Princely state

Type of vassal state in India under the British Raj This article is about the British-Indian usage. For the global concept, see Principality. Colonial IndiaImperial entities of India Austrian India 1778–1785 Swedish India 1731–1813 Dutch India 1605–1825 Danish India 1620–1869 French India 1668–1954 Portuguese India(1505–1961) Casa da Índia 1434–1833 Portuguese East India Company 1628–1633 British India(1600–1947) EIC in India 1600–1757 Company rule in India 1757–1858 Br...

 

Nawiady

Village in Warmian-Masurian Voivodeship, PolandNawiadyVillageNawiadyCoordinates: 53°43′N 21°19′E / 53.717°N 21.317°E / 53.717; 21.317Country PolandVoivodeshipWarmian-MasurianCountyMrągowoGminaPiecki Nawiady [naˈvjadɨ] is a village in the administrative district of Gmina Piecki, within Mrągowo County, Warmian-Masurian Voivodeship, in northern Poland.[1] It lies approximately 4 kilometres (2 mi) south-west of Piecki, 17 km (11 mi) ...

Jiaxing

Jiaxing 嘉兴市Kota tingkat prefekturLetak yurisdiksi Kota Jiaxing di ZhejiangJiaxingLetak di TiongkokKoordinat: 30°46′N 120°45′E / 30.767°N 120.750°E / 30.767; 120.750NegaraTiongkokProvinsiZhejiangDivisi tingkat kabupaten7Divisi tingkat kotapraja75Pemerintahan • Sekretaris PKTLu Jun • WalikotaHu HaifengLuas • Kota tingkat prefektur4.008,76 km2 (154,779 sq mi) • Luas perkotaan986,9 km2 (3,81...

 

78-й моторизованный полк специального назначения «Север-Ахмат»

Эту статью предлагается удалить.Пояснение причин и соответствующее обсуждение вы можете найти на странице Википедия:К удалению/14 сентября 2022.Пока процесс обсуждения не завершён, статью можно попытаться улучшить, однако следует воздерживаться от переименований или нем...

 

Gloria Gaither

Gloria GaitherGloria pada Sept. 2016Informasi latar belakangNama lahirGloria Lee SickalLahir04 Maret 1942 (umur 82)Battle Creek, Michigan, ASGenreMusik KristenPekerjaanPenulis lagu (pembuat lirik), pengarang, penulis naskah, jurubicaraInstrumenVokalTahun aktif1962–sekarangArtis terkaitBill GaitherBill Gaither TrioSitus webwww.gaither.com Artikel ini tidak memiliki referensi atau sumber tepercaya sehingga isinya tidak bisa dipastikan. Tolong bantu perbaiki artikel ini dengan menambahkan...

National Alternative Movement

Political party in Moldova National Alternative Movement Mișcarea Alternativa NaționalăAbbreviationMANLeaderIon CebanFounderIon CebanFounded22 December 2022 (2022-12-22)Registered17 January 2023 (2023-01-17)Split fromParty of Socialists of the Republic of MoldovaIdeologySocial democracyPro-EuropeanismPolitical positionCentre-leftParliament1 / 101District Presidents0 / 32Websitealternativa.euPolitics of MoldovaPolitical partiesElections The Nation...

 

Adolphe Napoléon Didron

Adolphe Napoléon DidronBorn13 March 1806Hautvillers, Marne, FranceDied13 November 1867Occupation(s)Art historian, archeologistRelativesÉdouard Didron (nephew) Adolphe Napoléon Didron (1806–1867) was a French art historian and archaeologist. Biography Adolphe Napoléon Didron was born in Hautvillers on 13 March 1806. He began his education as a student of law. He then completed his early studies at the preparatory seminaries of Meaux and Reims.[1] He became a professor of history...