A growing number of forecasts reveal that food prices might rise sharply in coming months. Survey data show which parts of the country are most vulnerable. Current data point to an agriculture industry that is struggling. During November 2015, in the midst of South Africa’s worst drought in 23 years, Stats SA released gross domestic read more »
In honour of cake day on 26 November, we are taking a fresh look at the latest price data of this popular dessert. Stats SA published a story on the price of cake in July 2015, we now look at how prices have changed since then. Interestingly, there hasn’t been any big changes. The average read more »
Media Invite 19 November 2015 Stats SA releases Gross domestic product (GDP), Q3 2015 The Statistician-General of South Africa, Mr Pali Lehohla, will release the Gross domestic product (GDP) estimates for the third quarter of 2015 at a media briefing to be held on Tuesday, 24 November 2015 in Pretoria. The media briefing will be read more »
If you are thinking of celebrating international beer day on 7 August 2015 with your favourite pint, take a few moments to consider how this beverage might affect your pocket. South Africans love their beer. Households allocated 60% of their expenditure on alcoholic beverages to this type of drink, followed by wine (23%) and spirits read more »
Digging a little deeper into the latest consumer price data shows how you can make informed choices about your sweet tooth. If you love to have cake on a regular basis, it might be interesting to know that you are now paying almost 30% more for a cake than you did in June 2010. The read more »
If you drive a car or enjoy a regular glass of wine, February’s National Budget Speech would have had an impact on your cost of living. The rise in sin taxes and petrol levies announced during the speech influenced prices for alcoholic beverages and petrol, contributing to April’s overall inflation rate of 4,5%. The Minister read more »
It is often said that an investment in knowledge pays the best interest. A good education is worth its weight in gold, but recent figures released by Stats SA indicate that South African households will have to make more room in their budgets to pay for rising tuition fees. Stats SA updates education inflation figures read more »
Changing fuel prices affect us all. With the recent downward trend in prices seemingly coming to an end, South Africans are again left wondering how the petrol price will affect their pockets. Consumer inflation data released today1 provide an indication of the impact that the recent period of low petrol prices had on the cost read more »
Headline producer inflation, which measures the change in prices of final manufactured goods, has continued to decline. The annual rate fell to 3,5% in January 2015, down from 5,8% in December 2014 and a peak of 8,8% in April 2014. Falling prices for coal and petroleum products continued to drive producer inflation down, while higher read more »
Annual CPI inflation dropped to 4,4% in January 2015 from 5,3% in December 2014, the lowest since April 2011, when the CPI stood at 4,2%. Key drivers pulling the CPI down were petrol and food. The 127c/l drop in the price of petrol in January further contributed to the decline in the CPI for petrol, read more »