Annual consumer inflation accelerated to its highest reading in more than four-and-a-half years in November, driven mostly by rising transport costs. The annual change in the consumer price index (CPI) was 5,5%, up from 5,0% in October and September. This is the biggest annual increase since March 2017 when the rate was 6,1%. The monthly read more »
Net profit before tax in the formal business sector tumbled by 33,4% in the financial year 2020 compared with 2019, with business services and manufacturing the hardest hit. The data, from Stats SA’s latest Annual financial statistics (AFS) survey1 , which mostly covers the period before the lockdown, show that total net profit before tax read more »
Under the twin pressures of tighter COVID-19 lockdown restrictions and a spate of civil disorder in July, as well as several other headwinds, the South African economy contracted in the third quarter of 2021 (July–September). After recording four consecutive quarters of positive growth, real gross domestic product (GDP) slumped by 1,5%1, eroding some of the read more »
The tourism sector: economic importance, employment and expenditure. These are the three themes covered by a recent report examining the pre-pandemic (2019) status of the South African tourism sector. These data will provide an important benchmark for when comparable COVID-19-era data (2020) become available. The Tourism Satellite Account (TSA) for South Africa report, released annually, read more »
For children, the ongoing COVID‑19 pandemic has significantly impacted the life they once knew. According to a recent report, the General Household Survey, 2020 which was released by Statistics South Africa, COVID-19 has had a distinct impact on the nature of child care arrangements for children aged 0–4 years in 2020. The percentage of children read more »
Total South African government spending flirted with the R2 trillion mark in the 2019/20 financial year, according to data published by Stats SA. The data, recently published in the Financial statistics of consolidated general government statistical release, covers the period before the COVID-19 pandemic, providing a benchmark for when comparable pandemic-era data become available. The South read more »
Data Story 01 December 2021 Registration for Census 2022 read more »
Note: The original version of this article, published on 1 December 2021, was based on fuel price adjustments announced by the Department of Mineral Resources and Energy (DMRE) on 29 November. On 1 December, the DMRE made changes to these adjustments. This article was revised on 2 December 2021 to reflect these changes. Fuel prices read more »
According to the Quarterly Labour Force Survey (QLFS) for the 3rd quarter of 2021, the number of employed persons declined by 660 000 to 14,3 million compared to the 2nd quarter of 2021. The decline in employment is coupled with a decline in the number of unemployed persons to 7,6 million from 7,8 million, resulting in read more »
The annual change in the consumer price index (CPI) in October 2021 was 5,0%, unchanged from the 5,0% recorded in September. The monthly rate also held steady, remaining at 0,2%. Food and non-alcoholic beverages (NAB) and transport were the most significant contributors to both the annual and monthly rates. Annual food inflation slows for a read more »