Annual consumer inflation was 2,9% in November, slightly up from 2,8% in October. There was no change in the consumer price index (CPI) between October and November. Food inflation is the lowest in 14 years Annual inflation for food & non-alcoholic beverages (NAB) witnessed another sharp decline in November, slowing to 2,3% from 3,6% in read more »
In 2024, South Africa marks 30 years of democracy—a milestone that coincides with the 30th anniversary of the International Conference on Population and Development (ICPD) held in Cairo, Egypt, in 1994. This dual commemoration underscores the transformative power of inclusive data to shape equitable futures, the theme of this year’s World Population Day which was read more »
Real South African gross domestic product (GDP) weakened by 0,3% in the third quarter (July–September) of 2024.1 The agriculture industry was the main drag on growth on the production (supply) side of the economy, with transport, trade and government services also contributing to the slowdown. On the expenditure (demand) side, there was a decline in read more »
Stats SA published 22 releases in November, many of which provide a preliminary snapshot of economic performance in the third quarter (July–September). An overview of the quarter A number of sectors witnessed a rise in economic activity in the third quarter of 2024 compared with the second quarter of 2024. Mining, manufacturing, electricity generation, construction read more »
In a major stride toward addressing employment challenges, South Africa has officially launched its Labour Market Information System (LMIS), a groundbreaking platform aimed at revolutionising how labour data is collected, analysed, and shared. The LMIS, unveiled in September 2024, is a collaborative effort led by the Department of Employment and Labour (DEL), the International Labour read more »
The latest set of consolidated government financial data show a rise in spending between the 2021/22 and 2022/23 fiscal years. Several government functions benefited from the increase, while others recorded declines. The Financial statistics of consolidated general government statistical release provides a complete overview of revenue and spending across all 702 government institutions, including national, read more »
The consumer price index (CPI) increased by 2,8% in the 12 months to October 2024. This represents a sharp decline from 3,8% recorded in September. October’s print is the lowest since June 2020 (during the COVID-19 pandemic) when the rate was 2,2%. Falling fuel prices remain the primary factor behind the slowdown. Petrol and diesel prices declined read more »
Between 2011 and 2022, access to essential services has improved, with Census data revealing that access to clean water has increased from 85,1% to 88,5%, and improved sanitation from 68,9% to 80,7% — underscoring a decade of progress in service delivery. According to the report The State of Basic Service Delivery in South Africa: Analysis read more »
In South Africa, employment in private households represents a crucial segment of the labour market, making a significant contribution to total employment despite being relatively vulnerable and largely informal. According to data from the Q3: 2024 Quarterly Labour Force Survey (QLFS), approximately 1,1 million South Africans are employed in private households, with 75,7% (or 854 000) working read more »
Stats SA published 23 statistical releases in October, many of which provide fresh data on the state of the economy. The latest monthly indicators Nationally, mining activity increased by a marginal 0,3% year-on-year in August. Manganese ore, platinum group metals and chromium ore were the largest drivers of growth. Nickel and copper also recorded a read more »