After holding steady for ten months in the 5–6% range, annual consumer price inflation slowed to 4,6% in July from 5,1% in June. The July inflation print is the lowest in three years since July 2021, when the rate was also 4,6%. Lower annual rates were recorded for several product groups, most notably food & non-alcoholic   read more »

Stats SA has published monthly residential property price indices for provinces and metropolitan areas since March 2023. Here is a rundown of the latest inflation data for the housing market. The Residential Property Price Index (RPPI) measures the change in prices for all dwellings, including houses, townhouses, and flats that are purchased by private individuals.1 The   read more »

After a busy June, Stats SA’s publication schedule was quieter in July. The agency published 22 releases. Key highlights include an update on inflation and an exploration of South Africa’s biodiversity-based tourism sector. Consumer inflation softens to a six-month low Headline inflation edged lower to 5,1% in June from 5,2% in May. June’s print is   read more »

The annual change in the consumer price index (CPI) was 5,1% in June, down from 5,2% in May. Inflation has remained within the 5% to 6% range for the past 10 months. The monthly rate was 0,1% in June. Annual food inflation the lowest in 45 months After stalling at 4,7% in April and May,   read more »

Annual consumer price inflation was 5,2% in May, unchanged from April. The monthly change in the consumer price index (CPI) was 0,2%. Annual rates for four of the twelve product groups remained steady between April and May, including food & non-alcoholic beverages (NAB). Higher rates were recorded for transport, alcoholic beverages & tobacco and recreation   read more »

The consumer price index (CPI) recorded an annual increase of 5,2% in April, down from 5,3% in March and 5,6% in February. Housing & utilities, miscellaneous goods & services, food & non-alcoholic beverages (NAB) and transport were the main drivers behind the headline rate in April. The monthly change in the CPI was 0,3% in   read more »

Following a two-month upswing, headline inflation softened to 5,3% in March from 5,6% in February. The rate has held its ground between 5% and 6% since September 2023. The monthly change in the consumer price index (CPI) was 0,8% in March. This is lower than the 1,0% increase in February. The biggest movers in March The   read more »

2024 commemorates three decades since the inception of democracy in South Africa. Since 1994, South Africa has ushered in notable reforms across multiple sectors, with education being one of the key areas of focus. These reforms aimed to address historical inequalities and improve access to quality education for all citizens. Substantial investments have been made   read more »

Annual consumer inflation quickened in February, rising to 5,6% from 5,3% in January and 5,1% in December. Product categories that drove much of the upward momentum include housing & utilities, miscellaneous goods & services (most notably, insurance), food and non-alcoholic beverages (NAB) and transport. A 10,3% month-on-month increase in medical aid premiums (in the miscellaneous   read more »

February is a highlight of Stats SA’s publication schedule, with the release of various economic indicators for December concluding the results for the previous year. The preliminary data point to a lacklustre 2023, with several indicators in the red (Figure 1). Mining production, electricity generation, construction (the value of buildings completed as reported by large municipalities),   read more »