Reality check – CPIX at 8.8% in January

I guess this has crept up on me slightly. CPIX @ 8.8% for January 2008?  Our inflation target range is 3% to 6%. That’s an acceptable gap of 3%, and now we’re nearly that far away from the top of the range?

Meanwhile PPI figures have been delayed due to “rebalancing and reweighting”.

Published by David Kirk

The opinions expressed on this site are those of the author and other commenters and are not necessarily those of his employer or any other organisation. David Kirk runs Milliman’s actuarial consulting practice in Africa. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, regulatory change and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation.