Inflation likely hovered between 2.6 and three percent last month, a poll of leading economists showed, although most expected it to edge lower, providing relief to consumers after three consecutive ...

The products in the basket are updated periodically to better reflect shifts and trends in consumer spending. Product weights ...

South Africa will add rose wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and ...

ShareAs Nigerians await the release of the new Gross Domestic Product (GDP) and Consumer Price Index (CPI) for the economy by ...

Evidence is mounting that shelter disinflation is gaining momentum, a trend that has yet to be fully reflected in government ...

3. When last did the BoS revise the weights of the CPI basket and why doesn’t it publish them, as does the CSO in Trinidad. I would hope the BoS respond to these questions, and that SN ...

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

The Consumers Price Index (CPI) measures the rate of price change of goods and services purchased by households. It measures changes in the average level of prices over a period of time. In other ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

The statement noted that exercise is vital to ensure that the CPI basket, which tracks the prices of goods and services, accurately represents present-day spending habits. It noted that the ...

While transport costs will continue to weigh on the overall inflation figure, the strong dollar is expected to alleviate price pressures in other areas of the CPI basket, albeit somewhat offset by ...

CPI is calculated by selecting a basket of goods and services that represent typical consumer purchases and tracking the changes in their prices over time. The index is often used to adjust wages ...