Category Archives: Inflation

Tourism: employment, economy and foreign income

Tourism: employment, economy and foreign income

Much has been said about the importance of tourism, particularly of its role in economic growth, employment and attracting foreign exchange. The latest Tourism Satellite Account for South Africa report provides indicators of tourism’s role in these three spheres. Time series for much of the data are now available (10 years).   Tourism as a   read more »


South African manufacturing production and the exchange rate

South African manufacturing production and the exchange rate

The South African economy was hit hard by the global economic crisis of 2008/2009. The country’s manufacturing industry contracted sharply, and its subsequent recovery has been insufficient for the volume of manufacturing production to return to its pre-crisis level. Figure 1 shows SA’s manufacturing production (volume) compared with OECD industrial production.1 Preliminary manufacturing data for   read more »


Rising food prices: where are the most vulnerable?

Rising food prices: where are the most vulnerable?

A growing number of forecasts reveal that food prices might rise sharply in coming months. Survey data show which parts of the country are most vulnerable. Current data point to an agriculture industry that is struggling. During November 2015, in the midst of South Africa’s worst drought in 23 years, Stats SA released gross domestic   read more »


It’s cheaper in the Western Cake #WorldCakeDay

It’s cheaper in the Western Cake #WorldCakeDay

In honour of cake day on 26 November, we are taking a fresh look at the latest price data of this popular dessert. Stats SA published a story on the price of cake in July 2015, we now look at how prices have changed since then. Interestingly, there hasn’t been any big changes. The average   read more »


Media Invite: Stats SA releases Gross domestic product (GDP), Q3 2015

Media Invite                                                        19 November 2015 Stats SA releases Gross domestic product (GDP), Q3 2015 The Statistician-General of South Africa, Mr Pali Lehohla, will release the Gross domestic product (GDP) estimates for the third quarter of 2015 at a media briefing to be held on Tuesday, 24 November 2015 in Pretoria. The media briefing will be   read more »


Enjoy your pint, but be aware of price…

Enjoy your pint, but be aware of price…

If you are thinking of celebrating international beer day on 7 August 2015 with your favourite pint, take a few moments to consider how this beverage might affect your pocket. South Africans love their beer. Households allocated 60% of their expenditure on alcoholic beverages to this type of drink, followed by wine (23%) and spirits   read more »


Where not to have your cake and eat it

Where not to have your cake and eat it

Digging a little deeper into the latest consumer price data shows how you can make informed choices about your sweet tooth. If you love to have cake on a regular basis, it might be interesting to know that you are now paying almost 30% more for a cake than you did in June 2010. The   read more »


Drink and diesel: The Budget Speech and consumer inflation

Drink and diesel: The Budget Speech and consumer inflation

If you drive a car or enjoy a regular glass of wine, February’s National Budget Speech would have had an impact on your cost of living. The rise in sin taxes and petrol levies announced during the speech influenced prices for alcoholic beverages and petrol, contributing to April’s overall inflation rate of 4,5%. The Minister   read more »


Education costs continue to outstrip inflation

Education costs continue to outstrip inflation

It is often said that an investment in knowledge pays the best interest. A good education is worth its weight in gold, but recent figures released by Stats SA indicate that South African households will have to make more room in their budgets to pay for rising tuition fees. Stats SA updates education inflation figures   read more »


The importance of tracking prices: the case of petrol

The importance of tracking prices: the case of petrol

Changing fuel prices affect us all. With the recent downward trend in prices seemingly coming to an end, South Africans are again left wondering how the petrol price will affect their pockets. Consumer inflation data released today1 provide an indication of the impact that the recent period of low petrol prices had on the cost   read more »