The annual rate of consumer inflation was 3,2% in January, slightly up from December’s reading of 3,1%. The monthly increase in the consumer price index was 0,3%, following 0,2% between November and December. The monthly changes in the CPI have remained within a range of 0% to 0,3% since August 2020. Food and non-alcoholic beverages, read more »
While many couples will be celebrating Valentine’s Day this Sunday, 14 February, historians may have a different take on the day. 14 February 2021 is the 60th anniversary of the introduction of the rand as South Africa’s currency. Following the adoption of recommendations of the Decimal Coinage Commission in 1958, the British-styled pounds, shillings and read more »
The December 2020 Consumer Price Index (CPI) release concludes the data points for the entire calendar year. The average annual inflation rate for 2020 was 3,3%. This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%). One of the reasons for low inflation in 2004, according to the read more »
The General Household Survey, 2019, which tracks the progress of development and identifies persistent service delivery gaps in South Africa, was recently released by Statistics South Africa. Now in its eighteenth year, the survey has yielded a rich set of information across a wide variety of fields such as education, health, disability, social security, housing, read more »
As government introduces new legislation to further support small, medium and micro-sized enterprises (SMMEs), recently released data from the 2019 Annual Financial Statistics (AFS) survey shows the growing role that small businesses play in the formal business sector. The National Small Enterprise Amendment Bill 2020, gazetted recently, outlines the establishment of an ombud service that read more »
According to the Quarterly employment statistics (QES) survey released by Statistics South Africa (Stats SA), jobs in the formal non-agricultural sector increased by 75 000 in the third quarter of 2020. This brings the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 9,6 million. According to the report, formal read more »
With South Africa officially facing its second wave of COVID-19 infections, Statistics South Africa (Stats SA) has released an innovative online mapping tool that shows which communities may be more adversely affected by COVID-19 outbreaks. The South African Covid-19 Vulnerability Index (VIndex) was developed as a way of using the smallest area population data available read more »
Annual consumer inflation retreated slightly in November, to 3,2% from 3,3% in October. There was no monthly change in the index. Food and non-alcoholic beverage prices continued to climb, recording an aggregate annual increase of 5,8%, up from 5,4% in October. Food inflation contributed 1,0 percentage point to November’s headline rate of 3,2%. There were read more »
South Africa’s economy rebounded in the third quarter of 2020 (July–September), coinciding with the easing of COVID-19 lockdown restrictions. All industries recorded an increase in economic activity compared with the second quarter, with manufacturing, trade and mining leading the charge. Businesses were supported by an increase in both exports and household spending. Gross domestic product read more »
The land under our feet is, in several senses, living. Alive in terms of the organisms that support healthy soils to cultivate crops. Active in terms of abiotic (non-living) and biotic (living) factors that interact with each other to create distinct ecological systems. Malleable in terms of the changes that humans bring about. Digital snapshots read more »