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Economic wrap-up for July 2023

Economic wrap-up for July 2023

If you’ve missed any recent economic data from Stats SA, we’ve got you covered. Here is a quick rundown of what you need to know. These cities rule our manufacturing industry It’s not often that industry data are published for districts. Detailed spatial data require large surveys with large samples, which can be expensive. That   read more »


Three facts about the manufacturing industry (2021)

Three facts about the manufacturing industry (2021)

There are two reasons to be excited about two recent manufacturing reports. First, covering the results of a detailed 2021 survey, the reports provide provincial- and district-level data. Second, they offer detailed insight into the state of the manufacturing industry in South Africa in terms of employment, finances, and the quantities of manufactured products. The   read more »


Statistician-General to release the 2021 manufacturing report

MEDIA ADVISORY                                                          20 July 2023 Statistician-General to release the 2021 manufacturing report The Statistician-General of South Africa, Mr Risenga Maluleke, will release the manufacturing report at a virtual media briefing to be held on Monday, 24 July 2023. The manufacturing report measures expenditure, production, income and spread of the manufacturing sector in the country. The   read more »


Consumer inflation retreats to 5,4%

Consumer inflation retreats to 5,4%

Annual headline inflation cooled to 5,4% in June from 6,3% in May, sinking below the upper limit of the South African Reserve Bank’s monetary policy target range. The last time inflation was below 6% was in April 2022. The rate in June is the lowest reading in 20 months (since October 2021) when the rate was 5,0%. The   read more »


Mbalo brief – July 2023

The month of July 2023 started on a high note for South Africans. First it was the decrease in the price of fuel on July 5th. Secondly, on the 10th of July, residents in some parts of the country woke up to the sheer wonder of the first snowfall in the city in more than   read more »


Falling inside the norm: Municipal remuneration and contractor spending

Falling inside the norm: Municipal remuneration and contractor spending

A wide range of indicators inform municipal financial health. In 2014, National Treasury published a uniform set of financial norms and ratios for local government.1 Stats SA recently published data that can be used to inform these norms. In the examples below, we explore how municipalities fare in terms of remuneration and contracted services. Paying   read more »


Stats Biz – June 2023

One of the important tasks of national government is to redistribute funds, mainly received from taxes, to other sectors of the economy. A large portion of national government spending was in the form of financial transfers to households, public corporations, organisations and other levels of government. Explore government spending, as well as other stories, in   read more »


Economic wrap-up for June 2023

Economic wrap-up for June 2023

Stats SA published 26 statistical releases in June, shedding light on the current state of the economy. SA narrowly averts recession The month began with the release of the latest gross domestic product (GDP) figures. After faltering in the fourth quarter of 2022, the South African economy expanded by 0,4% in the first quarter of   read more »


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 »