Stats SA has shaken up the basket of goods and services used to measure consumer inflation. Here's what's been added - and removed.
The changes to the basket are based on the household expenditure surveys ... which allows for more timely assessments of ...
Each product in the CPI basket has a weight attached to it that determines its relative importance when calculating the headline inflation rate. A product’s weight represents its contribution to ...
Kerala recorded the highest inflation rate at 7.3% in February, while Telangana had the lowest at 1.3%. The overall retail ...
The CPI tracks the average price changes of a fixed basket of goods and services commonly purchased by resident households. This basket and its weights are updated every five years, with the CPI ...
The current inflationary trends and economic indicators further buttress the imperative of rebasing Nigeria’s Consumer Price Index (CPI).
The changes to the basket are based on the household ... timely assessments of economic indicators. Adjusting weights of consumer price index components Each part of the consumer price index ...
Nigeria’s recent rebasing of the Consumer Price Index (CPI) introduced several new items and special indices aimed at ...
Nigeria revised the way inflation is measured but many Nigerians still feel that the cost of living remains high.
“This CPI release is the first to incorporate the updates to the basket and weights announced by Stats SA on 28 January,” Stats SA said in a statement. On 28 January, Stats SA announced ...