The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products. Changes in the CPI record the rate of inflation. The CPI can also be used as a cost-of-living index. HOW IS THE CPI MEASURED? The prices of goods and services consumed by South Africans are used to calculate an   read more »

Statistics South Africa conducts an Income and Expenditure Survey (IES) every 5 years. The IES seeks to establish what South Africans spend their money on, so that the basket of goods which makes up the Consumer Price Index (CPI), used to calculate the inflation rate, can be updated. The last IES was conducted between September   read more »

Gross Domestic Product (GDP) figures for the first quarter of 2013 were released on 28 May 2013, at a press conference in Sandton, which included key stakeholders from other institutions. The much anticipated release drew wide reaction from various market watchers, while the media appreciated Stats SA’s initiative of taking data to them. “This is   read more »