According to the Quarterly Employment Statistics (QES, Q2:2025) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 80 000 (-0,8%) in the second quarter of 2025, with employment falling from 10,59 million in March 2025 to 10,51 million by June 2025. According to the survey, 229 000 jobs read more »
The latest set of monthly economic indicators sheds some light on how the economy performed in the second quarter (April–June). There were several other notable releases in the month, including the most recent inflation and unemployment figures. Business performance largely upbeat Mining and manufacturing rebounded after two consecutive quarters of decline. Mining production expanded by read more »
June was a busy month for Stats SA’s publication schedule, with 28 releases published in the month. Lacklustre economic growth in the first quarter June began with the release of the latest gross domestic product (GDP) estimates, for the first quarter (January–March) of 2025. GDP expanded by a muted 0,1%, with agriculture leading the increase. read more »
The South African economy kept its head above water in the first quarter of 2025 (January–March), expanding by a marginal 0,1% compared with the fourth quarter of 2024.1 Four of the ten industries on the production (supply) side of the economy recorded positive gains, with agriculture driving most of the upward momentum. Household spending, stronger read more »
According to the Quarterly Employment Statistics (QES, Q3:2024) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 133 000 in the third quarter of 2024, bringing the level of employment to 10,6 million. According to the survey 294 000 jobs were lost between September 2023 and September 2024. read more »
Stats SA published 22 releases in November, many of which provide a preliminary snapshot of economic performance in the third quarter (July–September). An overview of the quarter A number of sectors witnessed a rise in economic activity in the third quarter of 2024 compared with the second quarter of 2024. Mining, manufacturing, electricity generation, construction read more »
Stats SA published 23 statistical releases in October, many of which provide fresh data on the state of the economy. The latest monthly indicators Nationally, mining activity increased by a marginal 0,3% year-on-year in August. Manganese ore, platinum group metals and chromium ore were the largest drivers of growth. Nickel and copper also recorded a read more »
The South African economy strengthened by 0,4%1 in the second quarter (April–June) of 2024. The finance, manufacturing, trade, and electricity, gas & water supply industries drove most of the economy’s momentum on the production (supply) side. On the expenditure (demand) side, household consumption, government consumption and a build-up in inventories contributed favourably to growth. Seven read more »
After a busy June, Stats SA’s publication schedule was quieter in July. The agency published 22 releases. Key highlights include an update on inflation and an exploration of South Africa’s biodiversity-based tourism sector. Consumer inflation softens to a six-month low Headline inflation edged lower to 5,1% in June from 5,2% in May. June’s print is read more »
Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth read more »