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RMB Monthly Mini Challenge #2: Nowcast May

Helping South Africa
$600 USD
Completed (over 3 years ago)
Forecast
333 joined
94 active
Starti
02 May 23
Closei
01 Jun 23
Reveali
22 Jun 23
User avatar
skaak
Ferra Solutions
Mark yourself while we wait
Data · 21 Jun 2023, 11:18 · 13

If you want to mark yourself so long ... below the latest ...

ID,Value
May_food and non-alcoholic beverages,117.7
May_alcoholic beverages and tobacco,110.6
May_clothing and footwear,104.1
May_housing and utilities,104.6
May_household contents and services,107.5
May_health,110.3
May_transport,113.3
May_communication,99.7
May_recreation and culture,104.8
May_education,110.4
May_restaurants and hotels,110.4
May_miscellaneous goods and services,109.4
May_headline CPI,109.6

Discussion 13 answers
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skaak

@Koleshjr - this time, you first ...

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Koleshjr

should we wait for the updated values, based on Bwenge's discussion?

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skaak

Let's clarify first ... if you want to dare you can give your result based on my data above, but that is *urban* cpi.

I recall somewhere it was clarified that we need to predict urban CPI but can not find it now ... so what is it, urban or whole country?

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EbiendeleAmbassador
Zindi Ambassador

From the information, it wasn't specified as either Urban or Country, the only thing I'm seeing here is south Africa itself, I guess we should wait for more clarity from Amy And also the final score of the private leaderboard

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skaak

Well, the leaderboard broke its silence. Congrats @Koleshjr that is a very respectable 3rd! Impressive. The big surprise, for me but I think generally also, is the food and transport that both came in lower than expected, causing overall to also register a bit lower. Oh well - how's your items?

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Koleshjr

Honestly, its thanks to my teammate that we are actually at 3rd place. Thanks @Ebiendele, here are our item values:

ID Value

May_alcoholic beverages and tobacco 110.410579

May_clothing and footwear 103.8767638

May_communication 99.79185706

May_education 110.643162

May_food and non-alcoholic beverages 118.0558984

May_headline CPI 109.7929036

May_health 109.7092747

May_household contents and services 108.201193

May_housing and utilities 104.6300213

May_miscellaneous goods and services 109.2947754

May_recreation and culture 104.4690914

May_restaurants and hotels 109.9443795

May_transport 113.7407262

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Seems like there are some errors:

May_food and non-alcoholic beverages is 118.0

May_teansport is 113.7,

May_miscellaneous goods and services is 109.0

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skaak
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The problem is that table E is only for Urbans areas:

try to use additional tables: https://www.statssa.gov.za/publications/P0141/P0141May2023_Tables.pdf

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skaak

Oh no!!!!

I thought this comp was about urban only.

Upvotes 1
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ihar

I also think that this is about the urban areas.

Upvotes 2
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ff

For me, it's table E. @Bwenge840 Look at, values and prior change match with data shared by zindi.

Upvotes 0