{"id":17016,"date":"2024-02-22T11:14:30","date_gmt":"2024-02-22T09:14:30","guid":{"rendered":"https:\/\/www.statssa.gov.za\/?p=17016"},"modified":"2024-02-22T12:10:25","modified_gmt":"2024-02-22T10:10:25","slug":"news-weights-and-a-new-basket-for-the-ppi","status":"publish","type":"post","link":"https:\/\/www.statssa.gov.za\/?p=17016","title":{"rendered":"News weights and a new basket for the PPI"},"content":{"rendered":"<p>The producer price indices (PPIs) for January 2024 will reflect updates to the basket and weights and will be rebased to December 2023 = 100. The weights determine what products should comprise the basket of goods that create the elementary indices of the PPI. The number of products in final and intermediate manufacturing combined will decrease from 228 to 223.<\/p>\n<p>For more information, download the note <a href=\"https:\/\/www.statssa.gov.za\/cpi\/documents\/Public_note_PPI_reweighting_Feb24.pdf\">here<\/a> and details on the weights <a href=\"https:\/\/www.statssa.gov.za\/?page_id=1854&amp;PPN=P0142.8&amp;SCH=73884\">here<\/a>.<\/p>\n<p>The graphic below shows those products that have entered the new basket and those that have been removed (for final manufacturing).<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-17018\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1-300x169.jpg\" alt=\"PPIPic1\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1-300x169.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1-768x432.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1-1024x576.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1-100x56.jpg 100w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2024\/02\/PPIPic1.jpg 1378w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The producer price indices (PPIs) for January 2024 will reflect updates to the basket and weights and will be rebased to December 2023 = 100. The weights determine what products should comprise the basket of goods that create the elementary indices of the PPI. The number of products in final and intermediate manufacturing combined will&nbsp; &nbsp;<a href=\"https:\/\/www.statssa.gov.za\/?p=17016\" class=\"btn btn-mini btn-info pull-right\" style=\"margin:10px 30px;\">read more &raquo;<\/a><\/p>\n<div class=\"clear\"><\/div>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,6],"tags":[],"class_list":["post-17016","post","type-post","status-publish","format-standard","hentry","category-economic-growth","category-economy-data-stories"],"_links":{"self":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/17016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17016"}],"version-history":[{"count":3,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/17016\/revisions"}],"predecessor-version":[{"id":17022,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/17016\/revisions\/17022"}],"wp:attachment":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}