Petrol price decrease puts brake on inflation

Petrol price decrease puts brake on inflation

CPI inflation registered its third successive decrease in November 2013, printing at 5,3% against October’s 5,5%. The monthly increase in the CPI was a mild 0,1%. The drop of 28c/l in the petrol price was the main cause of the slowdown in inflation in November 2013 together with decreases in certain cell phone call and   read more »


PPI down slightly in October

PPI down slightly in October

Subdued monthly price increases led the annual Producer Price Index (PPI) for final manufactured goods (headline PPI) to drop to 6,3% in October from 6,7% in September and August 2013. The monthly figure increased by 0,5% – up slightly from the 0,4% increase in September and lower than the 0,9% in October 2012. The two   read more »


Inflation down for the second month in a row

Inflation down for the second month in a row

The CPI inflation rate fell for the second consecutive month in October to 5,5% from 6% in September. The drop is mainly because of lower monthly price increases, especially when compared to the same period in 2012. The monthly increase was 0,2% compared to 0,6% in October last year. The drop in the petrol price   read more »


Late registration of births decreases

Late registration of births decreases

In 1998, 78% of birth registrations were late (births not registered in the same year, e.g. a child born in 2010 is only registered in 2012). By 2012, late birth registrations had decreased to 21%. The Department of Home Affairs has made concerted efforts to ensure that registration of births is made as easy as   read more »


Only 36% of young children (Aged 0 – 4 years) live with both biological parents

A new report on the living circumstances of young children shows that, while 93% of young children have both biological parents still living, only 36% of them live with both biological parents. Most young children (43%) live with only their biological mother, 2% live with their biological father only, and 19% do not live with   read more »


Automotive strikes hamper growth

Automotive strikes hamper growth

Before the slump in 2008/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the   read more »


Employment levels back to pre-recession peak but absorption rate lower

Employment levels back to pre-recession peak but absorption rate lower

Employment levels at 14 million in Q3: 2013 are now back to the Q4: 2008 peak. The working age population however, has increased by 2,3 million over the period Q4: 2008 to Q3: 2013 such that the percentage of South Africans aged 15-64 years with jobs (the absorption rate) has declined from 45,0% in Q4:   read more »


Inflation back in target band…but food inflation pressures

Inflation back in target band…but food inflation pressures

The annual inflation rate dipped to 6% in September, from the 6,4% registered in August. Much of the monthly increase of 0,5% came from strong increases in basic necessities such as maize meal, rice, bread and meat. Food prices increased by 0,8% from August to September – the highest monthly increase since January this year.   read more »


Gauteng municipalities lead the way in income generation from households

Gauteng municipalities lead the way in income generation from households

Municipalities in Gauteng province are better off in terms of generating their own revenue in the form of services provided to households, while at the same time they are also getting a bigger share of the grants and subsidies received from both national and provincial governments in proportion to the increase in total population.  The   read more »


Filling your tank costs you more

Filling your tank costs you more

Over the past 12 months, the petrol price has increased by R2,49. This translates to an extra R124,50 to fill a 50 litre tank. The annual inflation rate for petrol is 23%, the highest since December 2011, when it was 26,3%. This is just one of the factors which led to the annual CPI inflation   read more »