Market Indicators
- JSE All Share (ALSI) 79,476.60
- Rand/Euro R 18.93
- Rand/Pound R 21.48
- Rand/US Dollar R 17.43
- Rand/Aus Dollar R 12.28
What’s in the basket?
The consumer price index (CPI) is a commonly used benchmark to judge the performance of many portfolios and wealth objectives in the financial services industry. In this article, we explore the composition of the CPI basket and whether this basket represents the investor’s future spending needs.