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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Not peer reviewed

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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Sub department:
CSAE
Research group:
Governance and Inflation Targeting in South Africa
Role:
Author
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Institution:
University of Oxford
Division:
SSD
Department:
Economics
Oxford college:
Nuffield College
Role:
Author
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Funding agency for:
Aron, J
Grant:
ESCOR 7911
Series:
CSAE working paper series
Place of publication:
http://www.csae.ox.ac.uk/workingpapers/main-wps.html
Publication date:
2004-01-01
Language:
English
Keywords:
Subjects:
UUID:
uuid:32a1be13-dc49-4ae8-8227-cb69d8de7dc5
Local pid:
ora:2651
Deposit date:
2009-03-02

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