Annual consumer inflation quickened in February, rising to 5,6% from 5,3% in January and 5,1% in December. Product categories that drove much of the upward momentum include housing & utilities, miscellaneous goods & services (most notably, insurance), food and non-alcoholic beverages (NAB) and transport. A 10,3% month-on-month increase in medical aid premiums (in the miscellaneous read more »
The economic fallout from COVID-19 affected many industries, including South Africa’s tourism sector. A decline in revenue from domestic (resident) visitors and inbound (non-resident) visitors, exacerbated by stringent travel restrictions, saw a fall in tourism trips, tourism-related expenditure, and employment. The sector has shown signs of recovering from the pandemic’s repercussions. The latest Tourism Satellite read more »
South Africa’s economy grew by a marginal 0,1%1 in the fourth quarter (October–December), taking the annual growth rate for 2023 to 0,6%. Real gross domestic product (GDP) in the fourth quarter was R1 158 billion. This is above the pre-COVID-19 reading of R1 150 billion, but still below the peak of R1 161 billion recorded in the third quarter read more »
February is a highlight of Stats SA’s publication schedule, with the release of various economic indicators for December concluding the results for the previous year. The preliminary data point to a lacklustre 2023, with several indicators in the red (Figure 1). Mining production, electricity generation, construction (the value of buildings completed as reported by large municipalities), read more »
MEDIA ADVISORY 29 February 2024 Statistics South Africa to release the Gross Domestic Product (GDP) Q4: 2023 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the fourth quarter of 2023, at a media briefing to be held on Tuesday, 5 March 2024 in Pretoria. Media briefing will read more »
A report released by Statistics South Africa titled Child Series Volume II: Crime Against Children shows that rape cases for children increased by 6,3 percentage points between 2015/16 and 2019/20, whilst both common assault and assault with grievous bodily harm (GBH) decreased by 2,1 and 3,5 percentage points respectively. Moreover, sexual assault cases for children read more »
After two consecutive months of decline, annual consumer inflation crept up in January, rising to 5,3% from 5,1% in December. The monthly change in the consumer price index (CPI) was 0,1% in January. The categories in the CPI basket with the largest annual price increases were restaurants & hotels at 8,0%, food & non-alcoholic beverages read more »
South Africa will have its seventh democratic elections in 2024. Every five years, South Africa holds national and provincial elections to elect the new National Assembly and provincial legislatures in each province. The 2024 national and provincial elections date will be announced by President Cyril Ramaphosa in due course. In terms of the Constitution, elections read more »
MEDIA ADVISORY 15 February 2024 Statistics South Africa to release the Quarterly Labour Force Survey (QLFS), Quarter 4 of 2023 Statistics South Africa (Stats SA) will release the Quarterly Labour Force Survey (QLFS) results for the fourth quarter of 2023 at a media briefing on Tuesday, 20 February 2024 in Pretoria. The household-based sample survey read more »
Tourist arrivals in South Africa demonstrated a positive trend, with improvements in the numbers recorded from month to month during the period spanning 2021 to 2023. In December 2023, 3,5 million travellers were recorded at South African ports of entry/exit, surpassing the figures for both November 2023, which stood at 2,6 million, and December 2022, read more »