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Construction of CPIX data for forecasting and modelling in South Africa

Abstract:

South Africa adopted inflation targeting in 2000, targeting the consumer price index (CPI) excluding mortgage interest cost (or CPIX), for "metropolitan and urban areas". Yet there is no clear technical account of the methodology of construction of CPI and CPIX by Statistics South Africa, as published by reputable government statistical agencies in other countries. This paper has two goals. First, we aim to enhance transparency by explaining the CPI methodology (as we understand it), and to e...

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Publication status:
Published
Peer review status:
Not peer reviewed
Version:
Author's Original

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Institution:
University of Oxford
Research group:
Governance and Inflation Targeting in South Africa
Department:
Social Sciences Division - Economics - Centre for the study of African Economies
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Institution:
University of Oxford
Oxford college:
Nuffield College
Department:
Social Sciences Division - Economics
Series:
CSAE working paper series
Publication date:
2004
URN:
uuid:32a1be13-dc49-4ae8-8227-cb69d8de7dc5
Local pid:
ora:2651
Language:
English
Keywords:
Subjects:

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