Monthly Archives: June 2023

National government financial transfers: Who benefits the most?

National government financial transfers: Who benefits the most?

One of the important tasks of national government is to redistribute funds, mainly received from taxes, to other sectors of the economy. These transfers serve a financial lifeline to diverse groups which includes households, public corporations, local and international organisations, and other levels of government. Key areas of spending On the revenue side, national government   read more »


Employment drops in Formal Non-Agricultural Sector in Q1 of 2023

Employment drops in Formal Non-Agricultural Sector in Q1 of 2023

According to the Quarterly Employment Statistics (QES, Q1:2023) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector decreased by 21 000 in the first quarter of 2023, bringing the level of employment to almost 10 million. The survey showed that 97 000 jobs were lost between March 2022 and March   read more »


Inflation slows to 13-month low

Inflation slows to 13-month low

Headline consumer inflation cooled for a second consecutive month in May to 6,3% from 6,8% in April. May’s reading is the lowest since April 2022 when the rate was 5,9%. The month-on-month change in the consumer price index (CPI) was 0,2% in May. The annual rate for food and non-alcoholic beverages (NAB) was 11,8%, lower than   read more »


Alert: Recruitment Scam Alert

Alert: Recruitment Scam Alert

Statistics South Africa (Stats SA) has become aware of a site that is fraudulently inviting applications for positions at the organisation. Stats SA uses two platforms for recruitment – the HR Database (https://apps.statssa.gov.za/HRRecruitment/) for short-term contract positions, and the e-Recruitment platform (https://apps.statssa.gov.za/erecruitment/#/browseJobs) for permanent positions. Please do not use any other platform to apply for   read more »


Mbalo brief – June 2023

South Africa has been experiencing an outbreak of the cholera disease across various provinces since the beginning of 2023. Gauteng, Free State and Limpopo recorded cholera cases since 5 February 2023. Cholera is an acute diarrhoea infection caused by ingestion of food or water contaminated with the bacterium Vibrio cholerae bacteria. World Health Organization (WHO)   read more »


Stats Biz – May 2023

The South African economy expanded by 0,4% in the first quarter of 2023, with manufacturing and finance being the major drivers of growth on the supply side of the economy. The demand side was lifted by exports, with smaller positive contributions for household, government, and investment spending. Explore the latest gross domestic product (GDP) figures,   read more »


South African economy expands by 0,4%

South African economy expands by 0,4%

After contracting by a revised 1,1% in the fourth quarter of 2022, real gross domestic product (GDP) edged higher in the first quarter of 2023 (January‒March), expanding by an estimated 0,4%.1 The manufacturing and finance industries were the major drivers of growth on the supply side of the economy. The demand side was lifted by   read more »


Economic wrap-up for May 2023

Economic wrap-up for May 2023

Stats SA published 21 statistical releases in the month of May, providing valuable insight into the current state of our economy. Here is a brief rundown of important indicators. Inflation edged lower in April Despite the ongoing stresses of rising prices and escalating costs of debt, there were some hopeful signs from the latest inflation   read more »


Statistics South Africa to release the Gross Domestic Product (GDP) Q:1 of 2023

MEDIA ADVISORY                                                                   01 June 2023   Statistics South Africa to release the Gross Domestic Product (GDP) Q:1 of 2023 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the first quarter of 2023, at a media briefing to be held on Tuesday, 6 June 2023 in Pretoria. Media   read more »


Inflation: the most vulnerable are at risk

Inflation: the most vulnerable are at risk

The groups that are most susceptible to economic hardship are experiencing large increases in the cost of living, according to the latest inflation data. Together with the headline consumer price index (CPI), Stats SA publishes inflation rates for each province, for ten different income groups and for pensioners. The basket for each of these indices   read more »