Category Archives: Economy Data Stories

Consumer inflation slows in June

Consumer inflation slows in June

The annual change in the consumer price index (CPI) was 5,1% in June, down from 5,2% in May. Inflation has remained within the 5% to 6% range for the past 10 months. The monthly rate was 0,1% in June. Annual food inflation the lowest in 45 months After stalling at 4,7% in April and May,   read more »


Current trends in the post and telecommunications industry

Current trends in the post and telecommunications industry

The post and telecommunications industry experienced notable changes in the period 2019–2022, according to a recent report. Shifts in both telecommunication and postal services reflect broader changes in the economy. Fact #1: Mobile lines dominate telecommunications income Consumers love their phones! This is evident in Figure 1, which provides an overview of services that help keep   read more »


The role of biodiversity-based tourism in South Africa

A first of its kind, the release of South Africa’s experimental estimates for biodiversity-based tourism paints a picture of this sector’s contribution to economic activity, employment and tourism spend. What is biodiversity-based tourism? If you visit a game park, hike at a nature reserve, snorkel along the coast, relax in a national botanical garden, or   read more »


Which municipalities spent the most per resident in 2022?

Which municipalities spent the most per resident in 2022?

The primary role of South Africa’s 257 municipalities is to provide water, electricity, refuse removal, sanitation and other services to millions of households. This mammoth task requires extensive resources. Municipalities spent R532 billion in 2022. This total includes both operational1 and capital expenditure,2 published in two separate statistical releases. If we consider the Census 20223 national population   read more »


Economic wrap-up for June 2024

Economic wrap-up for June 2024

June was a bumper month for statistical reports. Stats SA published 40 releases in the month, providing monthly, quarterly and annual economic updates. Here are a few highlights. The South African economy weakens in the first quarter The month began with the release of the latest gross domestic product (GDP) figures. The economy contracted by   read more »


National government spending breaks the R2 trillion mark

National government spending breaks the R2 trillion mark

The South African national government spent R2,04 trillion1 in the 2022/23 financial year, representing a rise of 6,1% from R1,92 trillion in 2021/22. Stats SA’s latest set of national government financial data shows how these funds were distributed. Just over half of total expenses in 2022/23 was allocated to grants paid to other levels of government, institutions   read more »


Consumer inflation holds steady in May

Consumer inflation holds steady in May

Annual consumer price inflation was 5,2% in May, unchanged from April. The monthly change in the consumer price index (CPI) was 0,2%. Annual rates for four of the twelve product groups remained steady between April and May, including food & non-alcoholic beverages (NAB). Higher rates were recorded for transport, alcoholic beverages & tobacco and recreation   read more »


Economy 0,1% weaker in the first quarter

Economy 0,1% weaker in the first quarter

Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a   read more »


Economic wrap-up for May 2024

Economic wrap-up for May 2024

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 »


Consumer inflation slows for a second consecutive month

Consumer inflation slows for a second consecutive month

The consumer price index (CPI) recorded an annual increase of 5,2% in April, down from 5,3% in March and 5,6% in February. Housing & utilities, miscellaneous goods & services, food & non-alcoholic beverages (NAB) and transport were the main drivers behind the headline rate in April. The monthly change in the CPI was 0,3% in   read more »