South Africa’s tourism trade balance entered negative territory in 2021
International visitors to South Africa bring much-needed foreign exchange. Dollars, euros and pounds are converted to rands and spent on tourism products like food, accommodation, recreation and transport. This helps drive domestic tourism-related activities within the country. There is often a lot of attention on the amount of money that non-resident visitors, comprising both tourists read more »
Economic wrap-up for October 2023
Stats SA published 25 statistical releases in October. Here is a quick overview of key economic indicators shaping the South African economy. Consumer inflation rises for a second consecutive month Inflation worries were stoked once again in September. The consumer price index (CPI), which reflects the changes in prices of a representative basket of goods read more »
Eastern Cape home to over 7.2 million people.
Eastern Cape is the fourth most populated province in South Africa, according to the latest Census 2022 results. The total population of Eastern Cape as counted in Census 2022 increased by 10, 2% from 6,5 million more than a decade ago in Census 2011 to 7,2 million in the latest population and housing census. A read more »
Free State home to over 2,9 million people.
Media Release For Immediate Release 18 October 2023 Free State home to over 2,9 million people. Free State is one of the smaller provinces in South Africa, ranked eighth according to the latest Census 2022 results. The total population of Free State as counted in Census 2022 increased by 8,0%, from 2,7m more than a read more »
Inflation rises for a second consecutive month
Consumer price inflation increased to 5,4% in September from 4,8% in August. This brings the rate to the same level as June this year. Fuel prices cast a shadow The fuel index increased for a second consecutive month, rising by 7,6% between August and September. The price of inland 95-octane petrol jumped by R1,71 in read more »
Rising Non-Communicable Diseases: A Looming Health Crisis
Non-communicable diseases (NCDs) have emerged as a major global health challenge, affecting millions of individuals worldwide. A new report released by Statistics South Africa (Stats SA), Non-communicable diseases: Findings from death notifications (2008-2018), explores the changing landscape of NCDs in South Africa over time, highlighting key trends and insights. Data from the World Health Organization read more »
Economic wrap-up for September 2023
Stats SA published a variety of reports, statistical releases and discussion documents in September. Here is a rundown of key economic indicators. GDP: SA invests in machinery & equipment and households cut back on spending In September, Stats SA released both national and provincial gross domestic product (GDP) figures. On the national front, GDP recorded read more »
New samples for monthly business cycle indicators
In September 2023, Statistics South Africa (Stats SA) published the results of a number of monthly surveys, which are based on new samples. These are: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; read more »
Consumer inflation edges higher in August
After four consecutive months of decline, annual consumer inflation pushed up in August, rising to 4,8% from 4,7% in July. Inflation for food & non-alcoholic beverages (NAB) continued to cool, taking some of the heat off the headline rate. This was not enough, however, to counteract a rise in fuel prices and increases in municipal read more »
SA economy expands in Q2: 2023
South African real gross domestic product (GDP) expanded by 0,6% in the second quarter (April–June) of 2023.1 This follows a 0,4% rise in the first quarter. Overview Six industries on the supply side of the economy grew in the second quarter, with manufacturing and finance driving much of the upward momentum. On the demand side, read more »