Media Release: New basket and weights for the Consumer Price Index (CPI)

MEDIA RELEASE                                                                                                                             27 January 2017 New basket and weights for the Consumer Price Index (CPI)   There are 412 products and services in the new CPI basket, an increase from 396, which now includes new products such as instant noodles, frozen pizzas and pies, and ready-mixed flour products. Stats SA announced the changes to the   read more »


Media Release: Community Survey 2016, Agricultural Households

MEDIA RELEASE                                                                                                                        27 January 2017   Community Survey 2016, Agricultural Households    The number of South African households engaged in agricultural activities decreased between 2011 and 2016. There were 550 000 (19,1%) fewer agricultural households in 2016 (2,33 million) than in 2011 (2,88 million).This decline was mainly due to the drought experienced throughout the country   read more »


The new inflation basket: what’s in and what’s out

The new inflation basket: what’s in and what’s out

Stats SA recently announced changes to the Consumer Price Index (CPI) basket of goods and services. The changes provide interesting insight into how consumer spending patterns have shifted over the last four years. The basket forms the basis from which the monthly CPI is calculated. There are 412 products and services in the new basket,   read more »


Media invite: Statistician-General to release the Community Survey 2016, Agricultural Households report

  Media advisory                                                                            25 January 2016   The Statistician-General of South Africa, Dr Pali Lehohla, will release the   read more »


Appreciating scale: business turnover in R200 notes

Appreciating scale: business turnover in R200 notes

The South African formal business sector generated R2,17 trillion in turnover in the third quarter of 2016. To put this into perspective, imagine if you drew this amount in R200 bills and went about giving away a bill every second. It would take 344 years to get rid of all the bills in this way!   read more »


Media Invite: Living Conditions Survey /New weights CPI basket

MEDIA ADVISORY                                                                                           17 January 2017   Release of the Living Conditions Survey and the new weights for the Consumer Price Index (CPI)   Statistics South Africa (Stats SA) will release the results of the Living Conditions Survey (LCS) 2014/2015 and the new weights for the Consumer Price Index (CPI) on Friday, 27 January 2017 at   read more »


Municipal spending in the third quarter

Municipal spending in the third quarter

Municipalities in South Africa spent a total of R73,1 billion during the September quarter of 2016. Stats SA’s latest Quarterly Financial Statistics of Municipalities report1 provides an overview of how this money was spent. More than half of municipal expenditure during the September 2016 quarter was on two items: electricity (28,0%) and employee-related costs (27,8%).   read more »


Tourism: jobs, the economy and spending

Tourism: jobs, the economy and spending

Despite a drop in the number of tourists visiting South Africa, the tourism industry continued to create jobs in 2015. Stats SA’s latest release of its Tourism Satellite Account for South Africa report provides an overview of tourism’s contribution in terms of employment, its impact on the gross domestic product (GDP) and spending. The number   read more »


Employment in the formal non-agricultural business sector increased in the third quarter

The September 2016 QES survey showed that an estimated 9 282 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a net quarterly increase of 93 000 employees (1,0%) between June 2016 and September 2016 following a revised decrease of 96 000 employees (-1,0%) between March 2016 and   read more »


The last 15 years: business income, spending and profit

The last 15 years: business income, spending and profit

Come join us as we tell a story of South African business performance over time. There are three elements to this story, taken from Stats SA’s latest Annual financial statistics (AFS) report1: income, expenditure and profit. First, let’s explore income. The income generated by the formal business2 sector has increased consistently, except for the dip   read more »