South Africa’s informal sector plays a crucial yet often overlooked role in the country’s economy, providing jobs and incomes for millions who struggle to find opportunities in the formal labour market. According to the latest Quarterly Labour Force Survey (QLFS) released by Statistics South Africa (Stats SA), informal sector employment accounted for 19,5% of total   read more »

Annual consumer price inflation was 3,2% in February, unchanged from January. This marks the fourth consecutive month that inflation has remained above the four-and-a-half-year low of 2,8% in October. The monthly change in the consumer price index (CPI) was 0,9% in February. Recreation, sport & culture; food & non-alcoholic beverages (NAB); alcoholic beverages & tobacco;   read more »

Following a contraction of 0,1% in the third quarter of 2024, the South African gross domestic product (GDP) expanded by 0,6% in the fourth quarter (October–December).1 Growth was led by agriculture, finance and trade on the supply (production) side of the economy. Household spending led growth on the demand (expenditure) side. Annually, the GDP grew   read more »

Economic data published this month provide preliminary insight into how the South African economy performed in the fourth quarter of 2024 and the calendar year Winners and losers The fourth quarter was generally downbeat across selected sectors, with only four keeping their heads above water. Wholesale trade, retail trade, motor trade and rail passenger transport   read more »

Retail trade sales surged in November, marking the most significant year-on-year jump for the month in seven years.1 The latest round of data, which concludes the results for the calendar year, provides an opportunity to re-examine2 November sales over time. November nipping at Santa’s heels One can think of Black Friday as a competitor to   read more »

The 2025 State of the Nation Address (SONA) underscored South Africa’s pressing labour market challenges, with unemployment remaining a top national concern. The Quarterly Labour Force Survey (QLFS) reports an unemployment rate of 31,9% in Q4: 2024, reflecting the continued difficulty many South Africans face in securing jobs. Beyond unemployment, time-related underemployment remains a challenge,   read more »

Stats SA started the year with 20 new releases. Key economic outputs include the conclusion of consumer inflation data for 2024, the release of a new consumer inflation basket and weights, and the much-anticipated release of the Income and Expenditure Survey (IES) report. Inflation heats up to 3,0% Consumer inflation increased for a second straight   read more »

South African households collectively spent an estimated R3 trillion between November 2022 and November 2023, with the average annual household consumption expenditure amounting to approximately R143 691 during the survey year. These findings are according to the Income & Expenditure Survey (IES) 2022/2023, published by Statistics South Africa (Stats SA). The survey provides valuable insights   read more »

Market share can be dominated by (and concentrated in) a few firms or shared more broadly across the economy. Concentration ratios and data on small, medium and large enterprises provide insight into the structure of our industries. Concentration ratios for selected markets The concentration ratio indicates the degree to which market share is distributed across   read more »

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 »