Annual consumer inflation rose for the first time in four months, edging to 7,0% in February from 6,9% in January. Food and non-alcoholic beverages and transport were the main contributors to the inflation rate in February. The consumer price index (CPI) rose by 0,7% between January and February, representing the largest monthly increase since July read more »
Even though 2020 seems like a lifetime ago, the true extent of the COVID-19 pandemic’s impact is still being pieced together. The recent Tourism Satellite Account (TSA) for South Africa report1 sheds light on how the pandemic affected the tourism sector over the period January 2020 to December 2020, most notably in terms of production, read more »
After rallying in the third quarter of 2022, South African gross domestic product (GDP) declined by 1,3% in the fourth quarter (October‒December).1 Growth was dragged lower mainly by finance, trade, mining, agriculture, manufacturing and general government services. Finance and trade the biggest drags on growth Seven of the ten industries contracted in the fourth quarter. read more »
Marriage has usually been considered a legally and socially approved union that is regulated by laws, rules, customs and beliefs. However, global and local trends have seen marriages decreasing each year. Marriages are becoming less common, people are marrying later and unmarried couples are increasingly choosing to live together instead of tying the knot. Information read more »
The Abolishing of Corporal Punishment Act, No. 33 of 1997 banned the use of corporal punishment in schools. Despite the ban, corporal punishment is still used as a form of discipline more than 20 years later. Of those that reported experiencing violence at school, the most common form of violence experienced was corporal punishment by read more »
South Africa’s unemployment rate decreased by 0,2 of a percentage point to 32,7% in Q4:2022 compared to Q3:2022. According to the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2022, there were about 28 thousand more people who were unemployed than in Q3:2022. In the fourth quarter of 2022, South Africa had 7,8 read more »
Retail trade statistics have a strong seasonal pattern. For instance, actual retail sales are usually much higher in November and December because of the effect of Black Friday and the festive season. Seasonal adjustment removes these effects based on historical patterns, which helps with the analysis of underlying trends. Stats SA has published seasonally adjusted read more »
Annual consumer inflation slowed for the third consecutive month, decreasing to 6,9% in January from 7,2% in December. A notable fall in the price of fuel was the biggest factor behind the dip in the headline rate. Food inflation, on the other hand, continues to accelerate. The consumer price index (CPI) declined by 0,1% between read more »
Consumer inflation hit its highest level in 13 years during 2022. The average inflation rate for the year (6,9%) hides the differences in timing and extent of price increases for different product groups. Transport and food & non-alcoholic beverages (NAB) had the biggest impact on overall inflation. Breaking the year down, the headline rate was read more »
Annual consumer price index (CPI) inflation registered its second monthly decline in December, edging lower to 7,2% from 7,4% in November and 7,6% in October. The monthly rate in December was 0,4%. The December release concludes the results for the calendar year. Average annual inflation for 2022 was 6,9%, higher than the 4,5% recorded read more »