SARB’s CPI forecasts compared to outcomes

Today’s post by Gabriella Neilon shows that SARB over-estimated headline inflation ahead of the COVID-19 pandemic, and under-estimated inflation in the aftermath of the pandemic.

Our EconData platform provides detailed consumer price index (CPI) and CPI weight data, including 8-digit CPI, which includes grouping such as a ‘loaf of white bread’ and historical official forecasts from SARB and National Treasury.

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