Local economist says employees cannot keep up with cost of living despite minimum wage increase
The discrepancy is because the cost of rent and medical expenses are not used to calculate the consumer price index, from ...
Social Security COLA latest prediction for 2026: Bad news for retirees?
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The Citizen17d
New SA inflation basket: Frozen chips and coffee out, vaping and rosé wine in
Stats SA added rosé wine, snuff, ready-made meals and e-cigarette refills to its inflation basket and removed frozen potato ...
businesstech.co.za18d
New inflation basket for South Africa: Goodbye potato chips, hello vaping
South Africa’s statistics agency, in a periodic review, lowered the weight of housing in the basket of goods used to calculate the consumer price index to 24.1% from 24.5%. Even so, it remained ...
The Bangkok Post on MSN7d
Inflation advances for 10th month in a row in January
Inflation in January was 1.32%, marking 10 consecutive months of growth. The rise was driven by higher fuel costs and food ...
Business Daily Africa25d
KNBS to separate food and fuel in monthly inflation figures
The items whose price changes are tracked are contained in a symbolic shopping basket technically ... of 331 items in the CPI, or the cost-of-living index, to calculate inflation.
Hosted on MSN20d
Limitations of the Consumer Price Index (CPI)
Yet, it's important to recognize and be aware of the CPI's limitations. Over the years, the basket methodology used to calculate the CPI has undergone several revisions. According to the BLS ...