Category Archives: Economic growth

Formal employment declines in second quarter of 2018

Formal employment declines in second quarter of 2018

According to the figures from the Quarterly Employment Statistics (QES) survey, released by Statistics South Africa, the total number of jobs reported in the second quarter showed a decrease of 69 000, bringing the total number of persons employed in the formal non-agricultural sector of South Africa to 9 748 000. Job losses were reported in the   read more »


The economy shrinks by 0,7% in Q2: 2018

The economy shrinks by 0,7% in Q2: 2018

The South African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter (seasonally adjusted and annualised). This followed a revised 2,6% contraction in the first quarter of 2018. The widely recognised indicator of recession is two (or more) consecutive quarters of negative growth (real GDP quarter-on-quarter). South Africa experienced its   read more »


Stats SA to make more detailed CPI data available

More detailed data from the consumer price index (CPI) will be made available on the Stats SA website from this month onwards, starting with the July 2018 CPI release that will be published on 22 August 2018. New time series will be available in Excel and ASCII formats at a further level of detail than   read more »


Public-sector capital expenditure shrinks for the first time since 2010

Public-sector capital expenditure shrinks for the first time since 2010

A pull-back in spending on plant, machinery, new construction works and transport equipment saw capital expenditure in the public sector fall by 4,3% in 2017, according to Stats SA’s latest Capital expenditure by the public sector report. Capital expenditure is money that an institution spends to buy, maintain or upgrade fixed assets, such as buildings,   read more »


How do women fare in the South African labour market?

How do women fare in the South African labour market?

The South African labour market is more favourable to men than it is to women and men are more likely to be in paid employment than women, regardless of race. According to the Quarterly Labour Force Survey released by Statistics South Africa, the official unemployment rate has been relatively high since 2008. In the last   read more »


Despite the VAT increase, food inflation continues to fall

Despite the VAT increase, food inflation continues to fall

Annual food inflation continues to slow despite April’s rise in value added tax (VAT). In fact, some food items are actually cheaper than they were a year ago. The items you are now paying less for are in the oil, bread, fruit and sugar categories, according to the latest Consumer Price Index (CPI) release.1 Bread   read more »


BRICS: Where does South Africa rank?

BRICS: Where does South Africa rank?

Much excitement surrounds the 10th BRICS Summit currently taking place in Johannesburg. Heads of State and representatives from the club’s five members – Brazil, Russia, India, China and South Africa – are gearing up for a week of deliberation over common issues and shared interests. As the host, how does South Africa rank in terms   read more »


Electricity: Coal use inches lower as solar, wind and diesel rise

Electricity: Coal use inches lower as solar, wind and diesel rise

If you’re curious, take a deeper look at Stats SA’s latest large sample survey of the electricity, gas and water supply industry. The report provides some insight into the current state of electricity generation in South Africa. In particular, highlighting the subtle changes that have occurred in the country’s energy supply. South Africa is still   read more »


National government funding allocations: Who are the main beneficiaries?

National government funding allocations: Who are the main beneficiaries?

Where does your tax money go after it has entered the state coffers? Recent data provide an overview of how national government distributes money to other levels of government. Stats SA publishes financial data for the different levels of government (i.e. national, provincial, local, extra-budgetary accounts) and higher education institutions in separate reports throughout the   read more »


Four facts about municipal debt

Four facts about municipal debt

Eskom announced earlier this year that it would roll out power cuts to several defaulting municipalities.1 The inability of particular municipalities to honour debt payments has been a thorn in the flesh of local government administration. The following are a few key facts about municipal debt, from Statistics South Africa’s latest Financial census of municipalities   read more »