IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Business was more favourable during the recent Christmas season when compared with December 2013, with retail sales increasing by 3,4% in real terms. However, despite better sales during the festive period, the longer-term pattern reveals a slowdown in growth over the last three years. After falling by 3,2% in real terms in 2009 (largely the   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 »

Mining production decreased by 1,5% in 2014 compared with 2013. The negative outcome was largely the result of declines in platinum group metals (PGMs) (‑28,7%) and gold (‑5,1%). Iron ore production grew by 12,6% in 2014 and coal grew by 2,0%. The sharp decline in PGMs in 2014 was the result of widespread strikes in   read more »

South Africa’s manufacturing industry is dominated by three sectors, namely food & beverages, petroleum & chemical products1, and metals & machinery2. Together these three sectors account for two thirds of total manufacturing production. Manufacturing production showed very little change in 2014 compared with 2013. Stats SA’s preliminary estimate recorded a slight contraction of 0,1%, following   read more »

Less electricity was generated in South Africa in 2014 compared with 2013. Recent data show that national electricity production has been in decline after peaking in 2011, highlighting the country’s continued struggle to keep the lights on. The latest Electricity produced and available for distribution publication, released by Stats SA on Thursday, 5 February 2014,   read more »

The manufacturing industry recorded the third consecutive quarter-on-quarter contraction in 2014, shrinking by 3,4% in the third quarter of 2014. In the second quarter manufacturing posted a growth rate of -4,0% and in the first quarter -6,4%.  The other industry that recorded a negative growth rate in the third quarter was electricity, gas and water,   read more »

On Tuesday, 25 November 2014, Stats SA will introduce new and improved GDP estimates. In the following video clip, the Deputy Director-General for Economic Statistics, Joe de Beer, provides a brief overview of the changes and what you can expect from Tuesday’s release. Click here for the video clip To ensure that gross domestic product   read more »

The headline inflation rate was steady at 5,9% in October 2014.  A 2,6% monthly increase in the price of beer was the main driver of the 0,2% change in the headline CPI between September and October.  For the first time, consumers now pay an average of R50 for a six pack of 340ml cans of locally made beer. Wine   read more »

On 25 November 2014 Statistics South Africa (Stats SA) will publish the first estimates of gross domestic product for the 3rd quarter of 2014. This statistical release will, however, differ from previous releases in two important aspects. Benchmarking and rebasing It is good international practice to periodically change the reference year used in economic statistics,   read more »

The June 2014 Quarterly Employment Statistics (QES) survey showed that total formal non-agricultural employment increased by 155 000 jobs in the second quarter. The quarterly increase in employment was mainly due to increases in the community, social and personal services industry (+143 000 or +5,8%); the trade industry (+17 000 or +1,0%); the construction industry (+5 000 or +1,2%);   read more »