Consumer price inflation moderated slightly in November to 7,4% from 7,6% in October. The monthly change in the consumer price index (CPI) was 0,3% in November, slightly lower than the 0,4% recorded in October. The three categories with the highest annual inflation rates in November were transport (15,3%), food & non-alcoholic beverages (NAB) (12,5%) and   read more »

Marked by COVID-19, the 2020–2021 period was incredibly challenging for the South African economy. Data from Stats SA’s latest Annual financial statistics (AFS) survey, which includes the first three months of the hard lockdown, shows a decline in formal business turnover and expenditure. The AFS reference period typically entails a lag effect: the survey reference   read more »

After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%.1 The agriculture, finance, transport and manufacturing industries were the main drivers of growth on the supply side of the economy. The demand side of the economy was lifted by a rise in exports and government   read more »

South African government spending broke the R2 trillion mark in the 2020/21 financial year. Large increases in expenditure were recorded for social protection, health, and general public services as the country battled the COVID-19 pandemic. At the same time, total revenue declined on the back of lower taxes received. The Financial statistics of consolidated general government   read more »

With Black Friday upon us, South African consumers have begun scouting for the latest deals. Monthly retail trade sales data show how Black Friday has shifted shopping behaviour over time. Consumers splurge during the festive season The graphic below shows the distribution of retail trade sales by month, for the year 2019. If all months   read more »

The total population of the world is projected to reach 8 billion on the 15th of November 2022. As the world’s population grew, we have marked the birth of the next billionth person as a milestone and reflected on the progress humanity has made over time, as well as how to improve moving forward. Similarly,   read more »

MEDIA ADVISORY                                                                                           11 November 2022       The global population is set to reach 8 billion on 15 November 2022. The Statistician-General of South Africa, Mr Risenga Maluleke, and the Representative for the United Nations Population Fund (UNFPA), Dr Bannet Ndyanabangi, will jointly commemorate the World at 8 Billion at a media briefing to   read more »

Household income and expenditure surveys are an essential component to a healthy data ecosystem and critical for economic and developmental planning and decision-making. Statistical agencies like Statistics South Africa (Stats SA) use these surveys to inform the measurement of inflation and to better understand a country’s household economy and living conditions. “Out of every R1   read more »

The COVID-19 pandemic in 2020‒2021 disrupted the operations of higher education institutions, with notable effects on revenue streams. After declining in 2020, the amount of money collected from tuition fees jumped by 21,6% in 2021. Tuition fees are the second biggest source of revenue cash flows South Africa’s 26 higher education institutions depend on three   read more »

National electricity supply has been the cause of intense concern for many years. Stats SA’s latest detailed survey of the industry provides updated data on finances, production and employment. Covering electricity, gas and water supply in the formal economy, the 2021 survey continues on from similar surveys conducted in 2006, 2010, 2013, 2016 and 2019.   read more »