Statistics South Africa (Stats SA) increased the weight of food and non-alcoholic beverage (NAB) prices in the calculation of the country’s Consumer Price Index (CPI) inflation, the Bureau for Food ...

Pensioners in the state and central government following the old pension scheme (OPS) get dearness relief (DR) along with ...

Many economists expect inflation would fall this year without the import taxes, but with tariffs imposed, they forecast ...

For the salary calculation of a central government employee, their basic pay, dearness allowance (DA), house rent allowance ...

DA Hike Latest Updates: The Centre is all set to announce the dearness allowance revision this month. While the official ...

CPI is also called as the Cost of Living Index ... It may seem like only “six” countries are taken for the calculation but the actual numbers remain different. The Euro itself contains ...

Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...

Imo’s food inflation stood at 16.80 per cent . Prior to the rebasing, food accounted for over 50 per cent of the CPI calculation. With the revised structure, the influence of food prices has ...

Nigeria’s previous CPI calculations were tethered to an outdated economic reality, much like attempting to measure today’s cost of living using the prices of a bygone era. The new base year ...

This February, the consumer price index (CPI) increased by 1.4 percent compared with January and by 5.3 percent on year, ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor.