Category Archives: Economy Data Stories

The economy: winners and losers of 2015

The economy: winners and losers of 2015

South Africa’s economy grew by 1,3% in 2015, down from 1,5% in 2014 and 2,2% in 2013, according to preliminary estimates of real gross domestic product (GDP) published by Stats SA. Overall economic growth in 2015 was characterised by two of the main industry groups shrinking in size, while the other eight experienced some growth.   read more »


Tourism: employment, economy and foreign income

Tourism: employment, economy and foreign income

Much has been said about the importance of tourism, particularly of its role in economic growth, employment and attracting foreign exchange. The latest Tourism Satellite Account for South Africa report provides indicators of tourism’s role in these three spheres. Time series for much of the data are now available (10 years).   Tourism as a   read more »


South African manufacturing production and the exchange rate

South African manufacturing production and the exchange rate

The South African economy was hit hard by the global economic crisis of 2008/2009. The country’s manufacturing industry contracted sharply, and its subsequent recovery has been insufficient for the volume of manufacturing production to return to its pre-crisis level. Figure 1 shows SA’s manufacturing production (volume) compared with OECD industrial production.1 Preliminary manufacturing data for   read more »


Rising food prices: where are the most vulnerable?

Rising food prices: where are the most vulnerable?

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 »


SA economy added 7000 formal sector jobs in quarter 3 of 2015

The September 2015 Quarterly Employment Statistics (QES) survey showed that an estimated 8 951 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a quarterly increase of 7 000 employees (+0,1%) between June 2015 and September 2015 and an annual increase of 4 000 employees (0,0%) between September   read more »


Private sector turnover rises in the third quarter

Private sector turnover rises in the third quarter

Stats SA’s latest Quarterly Financial Statistics report provides detailed financial statistics on the private sector, for the quarter ending September 2015. How did business turnover fare over this period? The following short article covers key turnover statistics from the report. Total turnover Total turnover in the private sector increased by 3,3% in the September 2015   read more »


It’s cheaper in the Western Cake #WorldCakeDay

It’s cheaper in the Western Cake #WorldCakeDay

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 »


South Africa’s economy narrowly avoids recession

South Africa’s economy narrowly avoids recession

South Africa’s economy grew by 0,7% in the third quarter of 2015, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. Unless otherwise stated, growth rates are quarter-on-quarter, seasonally adjusted and annualised. After experiencing a 1,3% contraction in the second quarter, the marginal GDP growth in the third quarter staved   read more »


In focus: the electricity, gas and water supply industry

In focus: the electricity, gas and water supply industry

Stats SA recently released results of its large sample survey covering the electricity, gas and water supply industry in South Africa, for the year 2013. The report provides information on the size, nature and structure of the industry. Also included in the report is information on employment, trading income, expenditure, profit or loss, inventories, sales   read more »


In focus: the post and telecommunications industry

In focus: the post and telecommunications industry

Stats SA recently released results of its large sample survey covering the post and telecommunications industry in South Africa, for the year 2013. The report provides detailed information on the size, nature and structure of the industry. Also included in the report is information on employment, trading income, expenditure, profit or loss, inventories, sales and   read more »