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South Africa's Consumer Price Index for Food (CPIF): A Comparative historical view

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  • Vink, Nick
  • Kirsten, Johann F.
  • Woermann, C.

Abstract

The consumer price index was first used in 1707. In 1925 it became institutionalised when the Second International Conference of Labour Statisticians, convened by the ILO, promulgated the first international standards of measurement. These original standards have been revised three times and are currently under review. Statistics South Africa (StatsSA) compiles and disseminates different CPI aggregates, including the Consumer Price Index; the Core Index; CPIX; and the Food Price Index or CPIF. StatsSA has gone to considerable trouble in complying with international best practice in the calculation of the CPI. Nevertheless, three problems still remain, namely that StatsSA works with an unsatisfactory definition of rural areas, that no provision is planned for sales through informal sector outlets, and that no provision is made for food consumed away from home.

Suggested Citation

  • Vink, Nick & Kirsten, Johann F. & Woermann, C., 2004. "South Africa's Consumer Price Index for Food (CPIF): A Comparative historical view," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(2), pages 1-11, June.
    • Handle: RePEc:ags:agreko:9488
    DOI: 10.22004/ag.econ.9488
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    References listed on IDEAS

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    1. Johann Kirsten & Julian May & Sheryl Hendriks & Charles L. Machethe & Cecelia Punt & Mike Lyne, 2007. "South Africa," Chapters, in: Fabrizio Bresciani & Alberto Valdés (ed.), Beyond Food Production, chapter 8, Edward Elgar Publishing.
      • Liebenberg, Frikkie & Beintema, Nienke M. & Kirsten, Johann F., 2004. "South Africa," ASTI country briefs 14, International Food Policy Research Institute (IFPRI).
    2. Charles Steindel, 1997. "Are there good alternatives to the CPI?," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 3(Apr).
    3. International Monetary Fund, 2001. "Uruguay: Report on Observance of Standards and Codes-Data Module and the Response by the Authorities," IMF Staff Country Reports 2001/183, International Monetary Fund.
    4. International Monetary Fund, 2002. "Turkey: Report on the Observance of Standards and Codes-Data Module; Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework," IMF Staff Country Reports 2002/055, International Monetary Fund.
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