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Free AccessUpdated CPI Basket Adds Weight to Alcohol & Tobacco Component
- The CPI basket will now contain 415 items, up from 404 in 2016. A total of fourteen new items were added, while two items were removed from the basket. Some products were either split into two or combined into one.
- Alcoholic beverages & tobacco saw the largest weight increase, while miscellaneous goods and services, communication and clothing and footwear saw the largest declines.
- With growth in the use of data services, the item ‘internet usage’ was split into wired (e.g. fibre) and wireless (e.g. cellular) forms of access.
- Energy-saving and traditional lightbulbs, previously listed as separate items, were amalgamated into one product following the near disappearance of incandescent bulbs
- Gin is the only new inclusion in the alcoholic beverages category, reflecting its growing popularity among consumers in South Africa. Cappuccino sachets have also entered the basket, as well as dairy/fruit juice blends, samp, pureed baby food and jam
- Gin is the only new inclusion in the alcoholic beverages category, reflecting its growing popularity among consumers in South Africa. Cappuccino sachets have also entered the basket, as well as dairy/fruit juice blends, samp, pureed baby food and jam
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.