Category Archives: Economy Data Stories

Formal sector shows marginal growth in employment

Formal sector shows marginal growth in employment

Between December 2013 and March 2014, the non-agriculture formal sector of the South African economy experienced a net increase of 9 000 employees (+0,1%), from 8 498 000 to 8 507 000 individuals. This increase was mainly due to increases in the community, social and personal services industry which gained 50 000 employees (+2,1%); the finance industry (+7 000 or +0,4%); and   read more »


First quarter GDP down

First quarter GDP down

The seasonally adjusted real gross domestic product (GDP) at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6 percent. The main contributors to this decrease in economic activity were the mining and quarrying industry (-1,3 percentage points) and the manufacturing industry (-0,7 of a percentage point). The mining and   read more »


Agricultural households at municipality level: The case of Buffalo City vs. Mangaung

Agricultural households at municipality level: The case of Buffalo City vs. Mangaung

The 2011 population census included a set of questions designed to gather information about households that are involved in some form of agricultural activity. These results were made available on a provincial basis on 31 March 2014. Stats SA can now disseminate the information on a municipal level as well. To illustrate its use, the   read more »


Inflation just under the South African Reserve Bank (SARB) target ceiling

Inflation just under the South African Reserve Bank (SARB) target ceiling

Consumer inflation edged up to 5,9% in February, just under the SARB target ceiling of 6%, from the 5,8% recorded in January. The monthly increase was 1,1%. There were three main groups contributing to the upward pressure this month – food, petrol and health insurance. Food and non-alcoholic beverages inflation increased to 5,4%, from 3,5%    read more »


Fourth quarter GDP up by 3,8 per cent

Fourth quarter GDP up by 3,8 per cent

The seasonally adjusted real gross domestic product (GDP) at market prices for the fourth quarter of 2013 increased at an annualised rate of 3,8 per cent. The main contributors to this increase in economic activity were the manufacturing industry (1,8 percentage points) and the mining and quarrying industry (0,8 of a percentage point). The manufacturing   read more »


Holiday inflation above average

Holiday inflation above average

If you were fortunate enough to go away during the December holidays, January may be the time you look back on how much it all cost you. CPI inflation for December 2013 was 5,4%, slightly higher than the 5,3% of November 2013. But most of the specific holiday costs are showing inflation rates above this average. If you   read more »


Inflation down for the second month in a row

Inflation down for the second month in a row

The CPI inflation rate fell for the second consecutive month in October to 5,5% from 6% in September. The drop is mainly because of lower monthly price increases, especially when compared to the same period in 2012. The monthly increase was 0,2% compared to 0,6% in October last year. The drop in the petrol price   read more »


Automotive strikes hamper growth

Automotive strikes hamper growth

Before the slump in 2008/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the   read more »


A giant step in agriculture statistics

A giant step in agriculture statistics

Background On 05 August 2013, Statistics South Africa (Stats SA) published an ‘Agricultural households’ report which is based on Population Census 2011 (Census 2011). This report covers all types of agriculture, namely subsistence, smallholder and commercial. This is an important milestone since as a country, we are taking the first step to better understand and   read more »