South Africa will add rosé wine, snuff and e-cigarette refills to its inflation basket and remove frozen potato chips and condensed milk to better reflect the nation’s fast-changing shopping habits.
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The Consumer Price Index report for January is expected to show broadly unchanged annual inflation according to nowcasts.
Stats SA has updated its inflation basket, bidding farewell to frozen potato chips, and adding rosé wine and vaping.
The benchmark S&P/ASX 200 slid 0.12 percent to 8,399.10, with property developers, energy and tech stocks leading losses. The broader All Ordinaries index ended down 0.18 percent at 8,644.50.