Tomtomtom
Expert Member
- Joined
- May 6, 2010
- Messages
- 1,490
Ah my bad, that was the YTD. For 1 year it is 6.46 and Bloomberg says it is 14%. That is a very big discrepancy. I wonder why? Is bloomberg maybe looking at dollar value which takes into account the rand strengthening?
Don't think it's dollar denominated (ZAr = weird term for cents). Could just be down to the exact dates used. One might be going by annual reports and the other by calendar years.
Take numbers from the chart manually and divide them, and you can see how wildly they vary often just because of a jump that happened a year ago.
Off-topic, but the same thing irritates me about inflation reporting. "Inflation up to 6.5% this month" could hide the fact that prices haven't changed at all in the last month, but that this time last year, they went down a bit.