Petrol and food prices push inflation higher in January

Petrol and food prices push inflation higher in January

2014 kicked off with an acceleration in the inflation rate to 5,8% from the 5,4% recorded in December last year.  A 3% monthly increase in the petrol price was the biggest factor driving the change.  Annual petrol inflation now stands at just under 15%. Food prices rose by 1,6% between December and January, mainly driven   read more »


Stats SA revises labour market statistics

Stats SA revises labour market statistics

Statistical agencies across the world periodically revise published statistical series when new information becomes available. So too does Stats SA. In the past, labour market information has been revised following the release of the results of Census 1996, Census 2001 and the large-scale Community Survey of 2007. Similarly, the current revision has been undertaken to   read more »


Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Based on revised estimates, in quarter 4 of 2013, employment levels rose to 15,2 million – surpassing the peak reached in quarter 4 of 2008 during the pre-recession period. However, quarterly job gains of 141 000 in quarter 4 of 2013 were largely due to an increase in informal sector employment of 123 000. In addition, most   read more »


Holiday inflation above average

Holiday inflation above average

If you were fortunate enough to go away during the December holidays, January may be the time you look back on how much it all cost you. CPI inflation for December 2013 was 5,4%, slightly higher than the 5,3% of November 2013. But most of the specific holiday costs are showing inflation rates above this average. If you   read more »


Petrol price decrease puts brake on inflation

Petrol price decrease puts brake on inflation

CPI inflation registered its third successive decrease in November 2013, printing at 5,3% against October’s 5,5%. The monthly increase in the CPI was a mild 0,1%. The drop of 28c/l in the petrol price was the main cause of the slowdown in inflation in November 2013 together with decreases in certain cell phone call and   read more »


PPI down slightly in October

PPI down slightly in October

Subdued monthly price increases led the annual Producer Price Index (PPI) for final manufactured goods (headline PPI) to drop to 6,3% in October from 6,7% in September and August 2013. The monthly figure increased by 0,5% – up slightly from the 0,4% increase in September and lower than the 0,9% in October 2012. The two   read more »


Inflation down for the second month in a row

Inflation down for the second month in a row

The CPI inflation rate fell for the second consecutive month in October to 5,5% from 6% in September. The drop is mainly because of lower monthly price increases, especially when compared to the same period in 2012. The monthly increase was 0,2% compared to 0,6% in October last year. The drop in the petrol price   read more »


Late registration of births decreases

Late registration of births decreases

In 1998, 78% of birth registrations were late (births not registered in the same year, e.g. a child born in 2010 is only registered in 2012). By 2012, late birth registrations had decreased to 21%. The Department of Home Affairs has made concerted efforts to ensure that registration of births is made as easy as   read more »


Only 36% of young children (Aged 0 – 4 years) live with both biological parents

A new report on the living circumstances of young children shows that, while 93% of young children have both biological parents still living, only 36% of them live with both biological parents. Most young children (43%) live with only their biological mother, 2% live with their biological father only, and 19% do not live with   read more »


Automotive strikes hamper growth

Automotive strikes hamper growth

Before the slump in 2008/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the   read more »