Category Archives: Economic growth

Children and the poor are most affected since COVID pandemic

Children and the poor are most affected since COVID pandemic

For children, the ongoing COVID‑19 pandemic has significantly impacted the life they once knew. According to a recent report, the General Household Survey, 2020 which was released by Statistics South Africa, COVID-19 has had a distinct impact on the nature of child care arrangements for children aged 0–4 years in 2020. The percentage of children   read more »


A deep dive into the price of fuel

A deep dive into the price of fuel

Note: The original version of this article, published on 1 December 2021, was based on fuel price adjustments announced by the Department of Mineral Resources and Energy (DMRE) on 29 November. On 1 December, the DMRE made changes to these adjustments. This article was revised on 2 December 2021 to reflect these changes. Fuel prices   read more »


The South African economy sheds more than half a million jobs in the 3rd quarter of 2021

The South African economy sheds more than half a million jobs in the 3rd quarter of 2021

According to the Quarterly Labour Force Survey (QLFS) for the 3rd quarter of 2021, the number of employed persons declined by 660 000 to 14,3 million compared to the 2nd quarter of 2021. The decline in employment is coupled with a decline in the number of unemployed persons to 7,6 million from 7,8 million, resulting in   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

Introduction In September 2021, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for   read more »


Consumer inflation quickens for a second month

Consumer inflation quickens for a second month

Annual consumer price inflation edged slightly higher to 5,0% in September from 4,9% in August and 4,6% in July. This represents the fifth consecutive month with annual inflation above the 4,5% midpoint of the South African Reserve Bank’s monetary policy target range. The monthly change in the consumer price index (CPI) was 0,2%. Transport, food   read more »


The economy grows by 1,2% in Q2: 2021

The economy grows by 1,2% in Q2: 2021

The South African economy recorded its fourth consecutive quarter of growth, expanding by 1,2% in the second quarter of 2021 (April–June). 1  This followed a revised 1,0% rise in real gross domestic product (GDP) in the first quarter (January–March). Despite the gains made over the last four quarters, the economy is 1,4% smaller than what   read more »


The role of EBAs in public healthcare spending

The role of EBAs in public healthcare spending

There are a small number of healthcare institutions that fall in the extra-budgetary accounts and funds (EBAs) arm of government. You may have heard of the South African Medical Research Council and the South African Health Products Regulatory Authority in media coverage of COVID-19. A recent report by Stats SA provides pre-COVID-19 financial data for   read more »


A new and improved GDP is here!

A new and improved GDP is here!

Stats SA has finalised a comprehensive overhaul of its national accounts. The latest gross domestic product (GDP) rebasing and benchmarking exercise has resulted in an upward revision in the size of the economy, as well as changes to the composition of the supply and demand sides of economic activity. Remaining relevant is key Any statistical   read more »


South African labour market is more favourable to men than women

South African labour market is more favourable to men than women

Equal opportunity and equal treatment in the labour market are at the core of decent work. Unfortunately, women in South Africa and around the world still face additional challenges that hinder them from accessing employment. Once they are in employment, appointments to decision-making positions and jobs in certain sectors, or of certain characteristics, remain elusive.   read more »


Municipal dependence on national government financing

Municipal dependence on national government financing

What makes Stats SA’s Financial census of municipalities report so interesting is that it provides an idea of how financially dependent municipalities are on national government. The latest data show that the share of income that municipalities generate on their own has increased slightly since 2017, but there is more to this finding than meets   read more »