Monthly Archives: September 2022

Provincial government finances: the impact of COVID-19

Provincial government finances: the impact of COVID-19

South Africa’s 122 provincial government departments spent R613,6 billion in 2020/21, according to the latest Financial statistics of provincial government statistical release. This is R16,9 billion more than the R596,8 billion recorded in 2019/20, representing a rise of 2,8%.1 The 2,8% rise is muted compared with the previous three years that recorded increases of around 7,0%. A closer   read more »


SA formal non-agricultural sector employment drops by 1,2% in Q2 of 2022

SA formal non-agricultural sector employment drops by 1,2% in Q2 of 2022

According to the Quarterly Employment Statistics (QES, Q2:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 119 000 in the second quarter of 2022, bringing the level of total employment to approximately 9,9 million. The survey showed that jobs increased by 74 000 between June 2021 and   read more »


Softer fuel prices take the edge off inflation in August

Softer fuel prices take the edge off inflation in August

Annual consumer inflation dipped to 7,6% in August from 7,8% in July. The monthly increase in the consumer price index (CPI) was 0,2%, the lowest reading since January 2022 when it was also 0,2%. Fuel prices decreased by 3,8% between July and August, with petrol falling by 5,0% and diesel by 0,9%. This pushed the   read more »


MEDIA RELEASE

MEDIA RELEASE                                                                                              18 September 2022 FOR IMMEDIATE RELEASE Stats SA prepares to collect comprehensive information on household income and expenditure by visiting over 31 000 dwelling units across the country during the Income & Expenditure Survey (IES 2022/23). The IES 2022/23 is a household-based sample survey specifically designed to collect detailed household income and expenditure   read more »


Mbalo Brief – September 2022

Every year the United Nations (UN) chooses several topics that will become a focus area for one year. On 18 May 2021, the General Assembly of the UN declared 2022 the International Year of Glass. The spotlight on glass is to shine a light on the role of glass in our societies and show how   read more »


South African GDP declines by 0,7%

South African GDP declines by 0,7%

After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0,7%1 in the second quarter of 2022 (Q2: 2022). The devastating floods in KwaZulu-Natal and load shedding contributed to the decline, weakening an already fragile national economy that had just recovered to pre-pandemic levels. Manufacturing the biggest drag on GDP The flooding   read more »


Stats Biz – August 2022

Cautious relief was the response to Stats SA’s announcement in June that gross domestic product (GDP) had returned to pre-pandemic levels. The economy took seven quarters to get back on its feet while struggling under the strain of the pandemic. How does this compare with other countries? Data from the International Monetary Fund (IMF) provides   read more »


Statistician-General to release the results of the Gross Domestic Product 2nd Quarter of 2022

  MEDIA ADVISORY                                                                   1 September 2022   Statistician-General to release the results of the Gross Domestic Product 2nd Quarter of  2022 The Statistician-General of South Africa, Mr Risenga Maluleke will release the results of the Gross Domestic Product (GDP) for the second quarter of 2022 at a media briefing to be held on Tuesday, 6   read more »