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 »

  After a bumper month in March, Stats SA’s publication schedule was quieter in April. The statistical agency published 20 releases, many of which provide an update on the state of the economy. Consumer inflation remains above 5% Annual consumer inflation declined to 5,3% in March after climbing for the first two months of the   read more »

Stats SA had a packed publication schedule in March. The statistical agency published 37 releases in the month, including several annual and quarterly reports. Notable releases: Tourism, water and municipal services The headwinds from the COVID-19 pandemic hit all industries hard, including the tourism sector. Although tourism is slowly returning to an even keel, it   read more »

South Africa is part of the consortium of nations that signed the 2030 Agenda for Sustainable Development, adopted by all United Nations members in 2015. The aim of the Sustainable Development Goal (SDG), Target 3.6 was to halve the number of global deaths and injuries from road traffic accidents by 2030. However, results of a   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 »

The producer price indices (PPIs) for January 2024 will reflect updates to the basket and weights and will be rebased to December 2023 = 100. The weights determine what products should comprise the basket of goods that create the elementary indices of the PPI. The number of products in final and intermediate manufacturing combined will   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 »

After two consecutive quarters of growth, South African real gross domestic product (GDP) contracted by 0,2% in the third quarter (July–September) of 2023.1 The contributions to the performance of the economy were evenly spread between the industries on the production side of the economy. The contributions ranged from -0,3 of a percentage point to +0,1   read more »

Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399 000 jobs in the   read more »