Inflation softens for a second month

Inflation softens for a second month

Annual consumer price index (CPI) inflation registered its second monthly decline in December, edging lower to 7,2% from 7,4% in November and 7,6% in October. The monthly rate in December was 0,4%.   The December release concludes the results for the calendar year. Average annual inflation for 2022 was 6,9%, higher than the 4,5% recorded   read more »


Almost 1 million births in 2021 and the most popular baby name is ….

Almost 1 million births in 2021 and the most popular baby name is ….

According to the Recorded Live Births, 2021 report released by Statistics South Africa, almost 1 million births occurred in 2021 and the most popular baby names were Lethabo and Melokuhle for boys and girls respectively. Melokuhle, Lethabo and Lethokuhle were the most popular names amongst both baby girls and boys in South Africa in 2021.   read more »


Third quarter jobs rise in SA formal non-agricultural sector

Third quarter jobs rise in SA formal non-agricultural sector

According to the Quarterly Employment Statistics (QES, Q3:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 10 000 in the third quarter of 2022, bringing the level of total employment to approximately 10 million. The survey showed that jobs increased by 31 000 between September 2021 and   read more »


Inflation softens to 7,4%

Inflation softens to 7,4%

Consumer price inflation moderated slightly in November to 7,4% from 7,6% in October. The monthly change in the consumer price index (CPI) was 0,3% in November, slightly lower than the 0,4% recorded in October. The three categories with the highest annual inflation rates in November were transport (15,3%), food & non-alcoholic beverages (NAB) (12,5%) and   read more »


Business turnover and expenditure decline for the first time in a decade

Business turnover and expenditure decline for the first time in a decade

Marked by COVID-19, the 2020–2021 period was incredibly challenging for the South African economy. Data from Stats SA’s latest Annual financial statistics (AFS) survey, which includes the first three months of the hard lockdown, shows a decline in formal business turnover and expenditure. The AFS reference period typically entails a lag effect: the survey reference   read more »


South African GDP grows by 1,6%

South African GDP grows by 1,6%

After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%.1 The agriculture, finance, transport and manufacturing industries were the main drivers of growth on the supply side of the economy. The demand side of the economy was lifted by a rise in exports and government   read more »


Government spending breaches R2 trillion

Government spending breaches R2 trillion

South African government spending broke the R2 trillion mark in the 2020/21 financial year. Large increases in expenditure were recorded for social protection, health, and general public services as the country battled the COVID-19 pandemic. At the same time, total revenue declined on the back of lower taxes received. The Financial statistics of consolidated general government   read more »


Black Friday and shifts in consumer behaviour

Black Friday and shifts in consumer behaviour

With Black Friday upon us, South African consumers have begun scouting for the latest deals. Monthly retail trade sales data show how Black Friday has shifted shopping behaviour over time. Consumers splurge during the festive season The graphic below shows the distribution of retail trade sales by month, for the year 2019. If all months   read more »


THE WORLD AT 8 BILLION

THE WORLD AT 8 BILLION

The total population of the world is projected to reach 8 billion on the 15th of November 2022. As the world’s population grew, we have marked the birth of the next billionth person as a milestone and reflected on the progress humanity has made over time, as well as how to improve moving forward. Similarly,   read more »


Stats SA Media Communications

MEDIA ADVISORY                                                                                           11 November 2022       The global population is set to reach 8 billion on 15 November 2022. The Statistician-General of South Africa, Mr Risenga Maluleke, and the Representative for the United Nations Population Fund (UNFPA), Dr Bannet Ndyanabangi, will jointly commemorate the World at 8 Billion at a media briefing to   read more »