19 February 2021 The producer price indices (PPIs) for January 2021 will reflect updates to the basket and weights, and will be rebased to December 2020 = 100. Tracking price changes of locally produced goods, the PPIs cover the following industries: manufacturing; water and electricity; mining and quarrying; and agriculture, forestry and fishing. Industry-level weights read more »
The annual rate of consumer inflation was 3,2% in January, slightly up from December’s reading of 3,1%. The monthly increase in the consumer price index was 0,3%, following 0,2% between November and December. The monthly changes in the CPI have remained within a range of 0% to 0,3% since August 2020. Food and non-alcoholic beverages, read more »
On 21 January 2021, the country received the sad news of the passing of Minister in the Presidency, Mr Jackson Mthembu due to COVID-19 complications. Statistics South Africa (Stats SA) was one of the government departments that the Minister was responsible for. According to the Statistician-General (Head of Statistics South Africa) Mr Risenga Maluleke, the read more »
While many couples will be celebrating Valentine’s Day this Sunday, 14 February, historians may have a different take on the day. 14 February 2021 is the 60th anniversary of the introduction of the rand as South Africa’s currency. Following the adoption of recommendations of the Decimal Coinage Commission in 1958, the British-styled pounds, shillings and read more »
Inflation for 2020 was the lowest in 16 years and the second lowest in 51 years. The average annual inflation rate for 2020 was 3,3%. This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%). Explore price changes, as well as other stories, in this edition of Stats read more »
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22 January 2021 Stats SA mourns the passing of Minister Jackson Mthembu The news of the untimely passing of Minister in the Presidency, Jackson Mthembu, has brought grief and profound sadness at Stats SA. Minister Mthembu took over responsibility for read more »
The December 2020 Consumer Price Index (CPI) release concludes the data points for the entire calendar year. The average annual inflation rate for 2020 was 3,3%. This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%). One of the reasons for low inflation in 2004, according to the read more »
The General Household Survey, 2019, which tracks the progress of development and identifies persistent service delivery gaps in South Africa, was recently released by Statistics South Africa. Now in its eighteenth year, the survey has yielded a rich set of information across a wide variety of fields such as education, health, disability, social security, housing, read more »
As government introduces new legislation to further support small, medium and micro-sized enterprises (SMMEs), recently released data from the 2019 Annual Financial Statistics (AFS) survey shows the growing role that small businesses play in the formal business sector. The National Small Enterprise Amendment Bill 2020, gazetted recently, outlines the establishment of an ombud service that read more »