100+ datasets found
  1. u

    Data from: Personal Inflation Calculator

    • zivahub.uct.ac.za
    xlsx
    Updated Aug 9, 2018
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    Darian Sagnelli (2018). Personal Inflation Calculator [Dataset]. http://doi.org/10.25375/uct.6882941.v1
    Explore at:
    xlsxAvailable download formats
    Dataset updated
    Aug 9, 2018
    Dataset provided by
    University of Cape Town
    Authors
    Darian Sagnelli
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Inflation rates experienced by different groups of consumers within a country vary. This is because the prices of goods and services and the expenditure patterns of consumers differ. The published inflation rate is used for important decisions regarding the preservation of consumer purchasing power. These include the adjustment of social grants and minimum wages by government and the benchmarking of returns by investors when making investment decisions. It is thus vital that inflation is measured accurately to ensure the purchasing power of consumers is preserved. Current measures of inflation published by Stats SA are applicable to typical consumers and are not relevant to each individual. This resource supplements a study that seeks to provide a publicly available model that can be used by consumers to calculate their personal rate of inflation.

  2. U.S. projected Consumer Price Index 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

  3. U.S. consumer Price Index of all urban consumers 1992-2024

    • statista.com
    Updated Feb 10, 2025
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    Statista (2025). U.S. consumer Price Index of all urban consumers 1992-2024 [Dataset]. https://www.statista.com/statistics/190974/unadjusted-consumer-price-index-of-all-urban-consumers-in-the-us-since-1992/
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    Dataset updated
    Feb 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.

  4. Consumer price inflation tables

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Jun 18, 2025
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    Office for National Statistics (2025). Consumer price inflation tables [Dataset]. https://www.ons.gov.uk/economy/inflationandpriceindices/datasets/consumerpriceinflation
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    xlsxAvailable download formats
    Dataset updated
    Jun 18, 2025
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Measures of monthly UK inflation data including CPIH, CPI and RPI. These tables complement the consumer price inflation time series dataset.

  5. Inflation rate in China 2014-2030

    • ai-chatbox.pro
    • statista.com
    Updated May 30, 2025
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    Statista Research Department (2025). Inflation rate in China 2014-2030 [Dataset]. https://www.ai-chatbox.pro/?_=%2Ftopics%2F9230%2Fstagflation%2F%23XgboD02vawLZsmJjSPEePEUG%2FVFd%2Bik%3D
    Explore at:
    Dataset updated
    May 30, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Description

    In 2024, the average annual inflation rate in China ranged at around 0.2 percent compared to the previous year. For 2025, projections by the IMF expect slightly negative inflation. The monthly inflation rate in China dropped to negative values in the first quarter of 2025. Calculation of inflation The inflation rate is calculated based on the Consumer Price Index (CPI) for China. The CPI is computed using a product basket that contains a predefined range of products and services on which the average consumer spends money throughout the year. Included are expenses for groceries, clothes, rent, power, telecommunications, recreational activities, and raw materials (e.g. gas, oil), as well as federal fees and taxes. The product basked is adjusted every five years to reflect changes in consumer preference and has been updated in 2020 for the last time. The inflation rate is then calculated using changes in the CPI. As the inflation of a country is seen as a key economic indicator, it is frequently used for international comparison. China's inflation in comparison Among the main industrialized and emerging economies worldwide, China displayed comparatively low inflation in 2023 and 2024. In previous years, China's inflation ranged marginally above the inflation rates of established industrialized powerhouses such as the United States or the European Union. However, this changed in 2021, as inflation rates in developed countries rose quickly, while prices in China only increased moderately. According to IMF estimates for 2024, Zimbabwe was expected to be the country with the highest inflation rate, with a consumer price increase of about 561 percent compared to 2023. In 2023, Turkmenistan had the lowest price increase worldwide with prices actually decreasing by about 1.7 percent.

  6. T

    Taiwan Inflation Rate

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, Taiwan Inflation Rate [Dataset]. https://tradingeconomics.com/taiwan/inflation-cpi
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    json, xml, excel, csvAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1960 - Jun 30, 2025
    Area covered
    Taiwan
    Description

    Inflation Rate in Taiwan decreased to 1.37 percent in June from 1.55 percent in May of 2025. This dataset provides the latest reported value for - Taiwan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  7. Inflation Nowcasting

    • clevelandfed.org
    json
    Updated Mar 10, 2017
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    Federal Reserve Bank of Cleveland (2017). Inflation Nowcasting [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting
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    jsonAvailable download formats
    Dataset updated
    Mar 10, 2017
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

  8. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Apr 16, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

  9. Consumer Price Index (CPI)

    • catalog.data.gov
    • cloud.csiss.gmu.edu
    • +1more
    Updated May 16, 2022
    + more versions
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    Bureau of Labor Statistics (2022). Consumer Price Index (CPI) [Dataset]. https://catalog.data.gov/dataset/consumer-price-index-cpi-ee18b
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    Dataset updated
    May 16, 2022
    Dataset provided by
    Bureau of Labor Statisticshttp://www.bls.gov/
    Description

    The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available. Prices for the goods and services used to calculate the CPI are collected in 75 urban areas throughout the country and from about 23,000 retail and service establishments. Data on rents are collected from about 43,000 landlords or tenants. More information and details about the data provided can be found at http://www.bls.gov/cpi

  10. F

    Producer Price Index by Commodity: Transportation Equipment: Complete...

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
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    (2025). Producer Price Index by Commodity: Transportation Equipment: Complete Vehicles on Purchased Chassis [Dataset]. https://fred.stlouisfed.org/series/WPU141302
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    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Commodity: Transportation Equipment: Complete Vehicles on Purchased Chassis (WPU141302) from Dec 1982 to May 2025 about purchase, transportation, vehicles, equipment, commodities, PPI, inflation, price index, indexes, price, and USA.

  11. Global inflation rate from 2000 to 2030

    • statista.com
    • ai-chatbox.pro
    Updated May 28, 2025
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    Statista (2025). Global inflation rate from 2000 to 2030 [Dataset]. https://www.statista.com/statistics/256598/global-inflation-rate-compared-to-previous-year/
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    Dataset updated
    May 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 2025
    Area covered
    Worldwide
    Description

    Inflation is generally defined as the continued increase in the average prices of goods and services in a given region. Following the extremely high global inflation experienced in the 1980s and 1990s, global inflation has been relatively stable since the turn of the millennium, usually hovering between three and five percent per year. There was a sharp increase in 2008 due to the global financial crisis now known as the Great Recession, but inflation was fairly stable throughout the 2010s, before the current inflation crisis began in 2021. Recent years Despite the economic impact of the coronavirus pandemic, the global inflation rate fell to 3.26 percent in the pandemic's first year, before rising to 4.66 percent in 2021. This increase came as the impact of supply chain delays began to take more of an effect on consumer prices, before the Russia-Ukraine war exacerbated this further. A series of compounding issues such as rising energy and food prices, fiscal instability in the wake of the pandemic, and consumer insecurity have created a new global recession, and global inflation in 2024 is estimated to have reached 5.76 percent. This is the highest annual increase in inflation since 1996. Venezuela Venezuela is the country with the highest individual inflation rate in the world, forecast at around 200 percent in 2022. While this is figure is over 100 times larger than the global average in most years, it actually marks a decrease in Venezuela's inflation rate, which had peaked at over 65,000 percent in 2018. Between 2016 and 2021, Venezuela experienced hyperinflation due to the government's excessive spending and printing of money in an attempt to curve its already-high inflation rate, and the wave of migrants that left the country resulted in one of the largest refugee crises in recent years. In addition to its economic problems, political instability and foreign sanctions pose further long-term problems for Venezuela. While hyperinflation may be coming to an end, it remains to be seen how much of an impact this will have on the economy, how living standards will change, and how many refugees may return in the coming years.

  12. T

    Trinidad and Tobago Inflation - data, chart | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Dec 25, 2013
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    Globalen LLC (2013). Trinidad and Tobago Inflation - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Trinidad-and-Tobago/inflation/
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    csv, xml, excelAvailable download formats
    Dataset updated
    Dec 25, 2013
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2023
    Area covered
    Trinidad and Tobago
    Description

    Trinidad and Tobago: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 4.6 percent, a decline from 5.8 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Trinidad and Tobago from 1960 to 2023 is 7 percent. The minimum value, 0.6 percent, was reached in 2020 while the maximum of 22 percent was recorded in 1974.

  13. N

    Netherlands Inflation, monthly percent change in the CPI, May, 2025 - data,...

    • theglobaleconomy.com
    csv, excel, xml
    Updated May 15, 2025
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    Globalen LLC (2025). Netherlands Inflation, monthly percent change in the CPI, May, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Netherlands/inflation_monthly/
    Explore at:
    csv, xml, excelAvailable download formats
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 29, 1996 - May 31, 2025
    Area covered
    Netherlands
    Description

    Inflation, monthly percent change in the CPI in the Netherlands, May, 2025 The most recent value is -0.85 percent as of May 2025, a decline compared to the previous value of 1.79 percent. Historically, the average for the Netherlands from February 1996 to May 2025 is 0.2 percent. The minimum of -3.9 percent was recorded in November 2022, while the maximum of 4.43 percent was reached in March 2022. | TheGlobalEconomy.com

  14. T

    United States Inflation Rate MoM

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 11, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate MoM [Dataset]. https://tradingeconomics.com/united-states/inflation-rate-mom
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Feb 28, 1947 - May 31, 2025
    Area covered
    United States
    Description

    The Consumer Price Index in the United States increased 0.10 percent in May of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. F

    Consumer Price Inflation for Kyrgyz Republic

    • fred.stlouisfed.org
    json
    Updated Nov 6, 2024
    + more versions
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    (2024). Consumer Price Inflation for Kyrgyz Republic [Dataset]. https://fred.stlouisfed.org/series/KGZPCPIPCHPT
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Nov 6, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    Kyrgyzstan
    Description

    Graph and download economic data for Consumer Price Inflation for Kyrgyz Republic (KGZPCPIPCHPT) from 2000 to 2025 about Kyrgyzstan, consumer prices, REO, consumer, inflation, and rate.

  16. r

    Melbourne Institute Historical Time Series Data: Inflation Gauge

    • researchdata.edu.au
    Updated Aug 21, 2013
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    Institute of Applied Economic and Social Research; Institute of Applied Economic and Social Research (2013). Melbourne Institute Historical Time Series Data: Inflation Gauge [Dataset]. https://researchdata.edu.au/melbourne-institute-historical-inflation-gauge/186608
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    Dataset updated
    Aug 21, 2013
    Dataset provided by
    The University of Melbourne
    Authors
    Institute of Applied Economic and Social Research; Institute of Applied Economic and Social Research
    Time period covered
    2002 - Present
    Area covered
    Melbourne
    Description

    Monthly Data from August 2002. Covers: -Inflation Gauge. -Inflation Gauge Index. -Trimmed Mean. -Core Measure.

      Part of Consumer Attitudes, Sentiments & Expectations (CASiE) in Australia. The survey is conduct monthly by telephone and the sample size is typically 1200 households. Each respondent is characterized by: gender, age, occupation, education, political party preference, home ownership, household income, and postcode. The Survey is used to compile the following Report: TD Securities - Melbourne Institute Monthly Inflation Gauge. TD Securities and the Melbourne Institute have developed a monthly inflation indicator to give markets and policy makers a monthly update on inflation trends. Based on the ABS methodology for calculating the quarterly consumer price index, the TD Securities - Melbourne Institute Monthly Inflation Gauge estimates month-to-month price movements for a wide-ranging basket of goods and services across the main capital cities of Australia. This report is produced monthly and is released with a lag of one month.
    
  17. T

    Euro Area Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 1, 2025
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    TRADING ECONOMICS (2025). Euro Area Inflation Rate [Dataset]. https://tradingeconomics.com/euro-area/inflation-cpi
    Explore at:
    excel, json, csv, xmlAvailable download formats
    Dataset updated
    Jul 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1991 - Jun 30, 2025
    Area covered
    Euro Area
    Description

    Inflation Rate In the Euro Area increased to 2 percent in June from 1.90 percent in May of 2025. This dataset provides the latest reported value for - Euro Area Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  18. M

    Median CPI (1983-2025)

    • macrotrends.net
    csv
    Updated Jun 30, 2025
    + more versions
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    MACROTRENDS (2025). Median CPI (1983-2025) [Dataset]. https://www.macrotrends.net/3085/median-cpi
    Explore at:
    csvAvailable download formats
    Dataset updated
    Jun 30, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    1983 - 2025
    Area covered
    United States
    Description

    Median Consumer Price Index (CPI) is a measure of core inflation calculated the Federal Reserve Bank of Cleveland and the Ohio State University. Median CPI was created as a different way to get a 'Core CPI' measure, or a better measure of underlying inflation trends. To calculate the Median CPI, the Cleveland Fed analyzes the median price change of the goods and services published by the BLS. The median price change is the price change that's right in the middle of the long list of all of the price changes. This series excludes 49.5% of the CPI components with the highest and lowest one-month price changes from each tail of the price-change distribution resulting in a Median CPI Inflation Estimate.

    According to research from the Cleveland Fed, the Median CPI provides a better signal of the inflation trend than either the all-items CPI or the CPI excluding food and energy. According to newer research done at the Cleveland Fed, the Median CPI is even better at PCE inflation in the near and longer term than the core PCE.

    For further information, visit The Federal Reserve Bank of Cleveland (https://www.clevelandfed.org/indicators-and-data/median-cpi#background).

  19. RPI inflation rate in the UK 2015-2025

    • statista.com
    Updated Jun 18, 2025
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    Statista (2025). RPI inflation rate in the UK 2015-2025 [Dataset]. https://www.statista.com/statistics/285203/percentage-change-of-the-retail-price-index-rpi-in-the-uk/
    Explore at:
    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2015 - May 2025
    Area covered
    United Kingdom
    Description

    The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 4.3 percent in May 2025, down from 4.5 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.

  20. F

    Producer Price Index by Industry: Total Manufacturing Industries

    • fred.stlouisfed.org
    json
    Updated Jun 12, 2025
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    (2025). Producer Price Index by Industry: Total Manufacturing Industries [Dataset]. https://fred.stlouisfed.org/series/PCUOMFGOMFG
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    Graph and download economic data for Producer Price Index by Industry: Total Manufacturing Industries (PCUOMFGOMFG) from Dec 1984 to May 2025 about manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

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Darian Sagnelli (2018). Personal Inflation Calculator [Dataset]. http://doi.org/10.25375/uct.6882941.v1

Data from: Personal Inflation Calculator

Related Article
Explore at:
xlsxAvailable download formats
Dataset updated
Aug 9, 2018
Dataset provided by
University of Cape Town
Authors
Darian Sagnelli
License

Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
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Description

Inflation rates experienced by different groups of consumers within a country vary. This is because the prices of goods and services and the expenditure patterns of consumers differ. The published inflation rate is used for important decisions regarding the preservation of consumer purchasing power. These include the adjustment of social grants and minimum wages by government and the benchmarking of returns by investors when making investment decisions. It is thus vital that inflation is measured accurately to ensure the purchasing power of consumers is preserved. Current measures of inflation published by Stats SA are applicable to typical consumers and are not relevant to each individual. This resource supplements a study that seeks to provide a publicly available model that can be used by consumers to calculate their personal rate of inflation.

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