Real gross domestic product (GDP) contracted by 0,2% in the third quarter of 2023. This followed two consecutive quarters of growth. On the production side of the economy, five of the ten industries recorded weaker results in the third quarter, with agriculture, manufacturing and construction the biggest drags on growth. Explore the latest GDP figures, read more »
South Africa’s working-age population that are discouraged have shown a willingness to shift from being inactive to actively engaging in the labour market, either through employment or job-seeking efforts. This is evident in the results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2023. The number of persons who were not read more »
Municipalities that provide services often buy electricity from producers (such as Eskom) and then resell the power to households, businesses and other institutions. Local government spent R50,2 billion on electricity purchases in the first six months of 2023. In turn, they generated R60,0 billion from electricity sales. The R9,8 billion difference between the two represents read more »
Non-communicable diseases (NCDs) have emerged as a major global health challenge, affecting millions of individuals worldwide. A new report released by Statistics South Africa (Stats SA), Non-communicable diseases: Findings from death notifications (2008-2018), explores the changing landscape of NCDs in South Africa over time, highlighting key trends and insights. Data from the World Health Organization read more »
Municipalities generate most of their revenue from electricity sales. Those involved in providing services buy electricity from producers (such as Eskom) and then resell the power to households, businesses and other institutions. The resulting surplus from this trade is a vital source of income. Electricity’s contribution to revenue Municipalities spent R50,2 billion on electricity purchases in read more »
After a two-year hiatus, Stats SA has released an experimental set of provincial gross domestic product (GDP) data. Provincial-level figures used to be included annually with the GDP release. Following the publication of the 2019 data, the provincial series was temporarily held back as Stats SA embarked on a complete revamp of national accounts. This read more »
Stats SA published 28 statistical releases in the month of August. Here is a monthly rundown of important economic indicators. Consumer and producer inflation continue to cool Inflation figures continue to provide some good news. Remaining on a downward path, consumer headline inflation slowed to its lowest reading in two years. The annual change in read more »
Extra-budgetary accounts and funds (EBAs) involved in the transport sector increased their spending in the 2021/22 fiscal year. However, despite the rise, expenditure is still below pre-pandemic levels. South Africa’s 256 EBAs are public institutions. They form an important arm of general government, responsible for delivering services to the public on behalf of government. Examples read more »
As Women’s Month draws to a close, recent data provides a snapshot of gender representation in local government. In 2021, South Africa’s municipal workforce numbered 282 286 individuals. Of these, 13 492 were senior-level posts, which include directors and managers.1 Women occupied 5 312 (or 39%) of these senior-level positions, according to Stats SA’s latest Non-financial census of read more »
MEDIA ADVISORY 31 August 2023 Statistics South Africa to release the Gross Domestic Product (GDP) Q2 2023 Statistics South Africa (Stats SA) will read more »