The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020.1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. The results presented here cover the period 1 January 2020 to 31 March read more »
During the final two weeks of Level 5 lockdown, almost half of the businesses responding to our impact survey indicated that they had temporarily ceased trading. During Level 4, this fell to one-fifth, according to a follow-up survey. Other indicators from the Level 4 survey show a similar pattern as the economy returns to full read more »
It’s fascinating to think that one of the earliest experiments in free trade happened right here in southern Africa. Exactly 110 years ago this month, the Southern Africa Customs Union (SACU) was born. We explore data showing how the region depends on the oldest surviving trading bloc in the world. On 31 May 1910, South read more »
The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2020 indicate that employment decreased by 38 000 to 16,4 million and the number of unemployed persons increased by 344 000 to 7,1 million. As a result, the official unemployment rate increased by 1 percentage point to (30,1%) compared to the fourth quarter read more »
Annual CPI inflation for April reflects the impact of the first month of the COVID-19 lockdown. The rate dropped to 3,0% in April from 4,1% in March, the lowest reading since June 2005 when the rate was 2,8%. Consumer inflation is now at the bottom of the South African Reserve Bank (SARB) target range of read more »
MEDIA ADVISORY 22 June 2020 Temporary closure of ISIbalo House due to positive COVID-19 case results in change of venue of QLFS media conference. Statistics South Africa (Stats SA) head office, ISIbalo House, has been closed temporarily after a staff member tested positive for COVID-19. All primary and secondary contacts will be traced and managed read more »
Statistics South Africa (Stats SA) is appealing to the public to participate in an online survey it launched recently to gauge the impact of the COVID-19 pandemic. “Accurate, real-time statistics are of utmost importance in times of crisis,” said Statistician-General Risenga Maluleke. “These surveys will be used to see how COVID-19 has impacted the population, read more »
Media Release 9 June 2020 read more »
The second wave of Stats SA’s COVID-19 business impact survey provides an update on how firms are currently faring under lockdown. This second round covers the period 14 April to 30 April 2020. Explore the results of this survey, as well as other stories, in this edition of Stats Biz. Download Stats Biz – May read more »