Findings from the Poverty Trends in South Africa report released by Statistics South Africa (Stats SA) on Thursday showed a strong link between increased level of education and decreased levels of poverty. While the overall level of poverty has declined between 2006 and 2011, there are stark differences when one examines poverty status according to read more »
Poor households spend on average R8 485 per annum on food, which accounts for roughly 34% of their total household expenditure. This contrasts sharply with non-poor households, who spend R14 020 on average per annum on food. This only constitutes 10% of their total household expenditure. These findings form part of the poverty trends report which Stats read more »
Consumer inflation edged up to 5,9% in February, just under the SARB target ceiling of 6%, from the 5,8% recorded in January. The monthly increase was 1,1%. There were three main groups contributing to the upward pressure this month – food, petrol and health insurance. Food and non-alcoholic beverages inflation increased to 5,4%, from 3,5% read more »
The Quarterly Employment Survey (QES) results show that number of employees working in businesses increased by 38 thousand – from 8 457 000 in the third quarter of 2013 to 8 495 000 in the fourth quarter. This was driven by an increase of 35 000 in the Trade industry and increases in the Community and social services read more »
In 2011, 26 466 deaths that took place in Cape Town were recorded, compared to 19 574 deaths that occurred in Tshwane. Both cities had a decrease in the number of deaths from those observed in 2010, with a higher decrease observed for Cape Town (5,6%) than for Tshwane (1,7%). Most deaths that occurred in Cape Town read more »
The seasonally adjusted real gross domestic product (GDP) at market prices for the fourth quarter of 2013 increased at an annualised rate of 3,8 per cent. The main contributors to this increase in economic activity were the manufacturing industry (1,8 percentage points) and the mining and quarrying industry (0,8 of a percentage point). The manufacturing read more »
2014 kicked off with an acceleration in the inflation rate to 5,8% from the 5,4% recorded in December last year. A 3% monthly increase in the petrol price was the biggest factor driving the change. Annual petrol inflation now stands at just under 15%. Food prices rose by 1,6% between December and January, mainly driven read more »
Statistical agencies across the world periodically revise published statistical series when new information becomes available. So too does Stats SA. In the past, labour market information has been revised following the release of the results of Census 1996, Census 2001 and the large-scale Community Survey of 2007. Similarly, the current revision has been undertaken to read more »
Based on revised estimates, in quarter 4 of 2013, employment levels rose to 15,2 million – surpassing the peak reached in quarter 4 of 2008 during the pre-recession period. However, quarterly job gains of 141 000 in quarter 4 of 2013 were largely due to an increase in informal sector employment of 123 000. In addition, most read more »
If you were fortunate enough to go away during the December holidays, January may be the time you look back on how much it all cost you. CPI inflation for December 2013 was 5,4%, slightly higher than the 5,3% of November 2013. But most of the specific holiday costs are showing inflation rates above this average. If you read more »