Category Archives: Economy Data Stories

Changes to the calculation and publication date of the April CPI

Changes to the calculation and publication date of the April CPI

The COVID-19 pandemic and the drastic actions taken to prevent its spread have fundamentally impacted the South African economy and Stats SA’s ability to measure it. Government imposed a restrictive five-week lockdown from 27 March to 30 April. Data collection for the March 2020 consumer price index had been completed before the lockdown and it   read more »


COVID-19: Stats SA speeds up the monitoring of consumer prices

COVID-19: Stats SA speeds up the monitoring of consumer prices

When the COVID-19 lockdown went into effect on 27 March, the range of products available to households for purchase was restricted to a set of defined essential goods and services. Since the beginning of the lockdown, Stats SA has been measuring price changes for those essential goods that appear in the Consumer Price Index (CPI)   read more »


Inflation dips to 4,1%

Inflation dips to 4,1%

Annual CPI inflation nudged lower to 4,1% in March from February’s reading of 4,6%. There were two key features of the CPI in March: the incorporation of fee data from educational institutions (including crèches) and the effect of the latest increases in excise tariffs. Tuition fees are surveyed once a year in March. On average,   read more »


COVID-19: Four in ten businesses feel that they cannot continue to operate

Media release                                                                                               21 April 2020  COVID-19: Four in ten businesses feel that they cannot continue to operate  The results of a rapid response survey conducted by Stats SA during the lockdown was released today. Businesses were asked how the current crisis affected their operations in the two-week period from 30 March to 13 April 2020.   read more »


COVID-19 lockdown impacts publication of economic statistics

Media release                                                                                                              17 April 2020 COVID-19 lockdown impacts publication of economic statistics  Statistics South Africa recently issued a media statement on the impact of the lockdown on data collection processes and scheduled web statistical releases. In light of the extension of the lockdown, we felt it important to keep the public apprised of the continuing   read more »


Impact of COVID-19 on Economic Statistics in Statistics South Africa

Background The personal, social and economic impact of COVID-19 is unlike anything experienced by the world in the past 75 years. Stats SA is aware of the need for timely data to understand these impacts, but is equally constrained by the restrictions put in place to manage the spread of the coronavirus. The task of   read more »


Inflation edges up to 4,6%

Inflation edges up to 4,6%

South Africa’s annual inflation rate nudged up to 4,6% in February from January’s 4,5%, inching past the 4,5% midpoint of the South African Reserve Bank’s monetary policy target range. The last time the inflation rate was above the midpoint was in November 2018 when the rate was 5,2%. The monthly shift in consumer prices –   read more »


Economy slips into recession

Economy slips into recession

The South African economy contracted by 1,4% in the fourth quarter of 2019, following a contraction of 0,8% (revised) in the third quarter.1 Transport and trade were the main drags on overall activity, according to the latest gross domestic product (GDP) figures. Seven of the ten industries contracted in the fourth quarter. Finance, mining and   read more »


Inflation quickens for a second month in a row

Inflation quickens for a second month in a row

South Africa’s annual inflation rate was 4,5% in January, higher than that recorded in December (4,0%) and November (3,6%). This places inflation right on the 4,5% midpoint of the South African Reserve Bank’s monetary policy target range. The main contributors to the 4,5% rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous   read more »


Inflation quickens slightly in December

Inflation quickens slightly in December

Annual consumer inflation edged up to 4,0% in December from November’s 3,6%. The main contributors to the 4,0% rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services. The food and non-alcoholic beverages category recorded an annual rate of 3,9%, slightly higher than the 3,5% recorded in November. Bread and   read more »