Primary competition visual

RMB Monthly Mini Challenge #1: Nowcast April

Helping South Africa
$600 USD
Completed (almost 3 years ago)
Forecast
592 joined
132 active
Starti
Mar 21, 23
Closei
May 01, 23
Reveali
May 24, 23
User avatar
ihar
Adolf Würth GmbH & Co. KG
Discrepancy in "CPI_Historic_Values_Zindi"
Data Ā· 22 Mar 2023, 08:28 Ā· 2

There is some discrepancy between the last column "Percentage Change (From Prior Month)" in the table "CPI_Historic_Values_Zindi" and the same values calculated from the column "Value" as a difference between the current and previous month for the corresponding category of CPI.

There are 23 rows with a deviation. Just a few examples:

Category Value Percentage Change (From Prior Month) Delta Value

2023-01-31 Food and non-alcoholic beverages 114.4 1.8 2.0

2023-01-31 Transport 109.9 -3.5 -4.0

2023-01-31 Restaurants and hotels 106.8 -0.9 -1.0

2022-12-31 Food and non-alcoholic beverages 112.4 0.4 0.5

2022-12-31 Transport 113.9 0.7 0.8

2022-11-30 Food and non-alcoholic beverages 111.9 0.5 0.6

The last column "Delta Value" is calculated by me as a difference between the current and previous month for the corresponding category of CPI. It should be the same as the second last column "Percentage Change (From Prior Month)".

Discussion 2 answers
User avatar
Freelance

I guess the %change calculated as

(Current - previous)/previous * 100

22 Mar 2023, 08:44
Upvotes 0

Hi @ihar. I noticed that as well. We've taken it from stats SA reports. There could a rounding error. Given that you'll be scored on the value (109.9, 113.9, etc), happy if you think its a good idea to make changes and recalculate the deltas.

22 Mar 2023, 09:12
Upvotes 0