Economic wrap-up for July 2023
If you’ve missed any recent economic data from Stats SA, we’ve got you covered. Here is a quick rundown of what you need to know. These cities rule our manufacturing industry It’s not often that industry data are published for districts. Detailed spatial data require large surveys with large samples, which can be expensive. That read more »
Consumer inflation retreats to 5,4%
Annual headline inflation cooled to 5,4% in June from 6,3% in May, sinking below the upper limit of the South African Reserve Bank’s monetary policy target range. The last time inflation was below 6% was in April 2022. The rate in June is the lowest reading in 20 months (since October 2021) when the rate was 5,0%. The read more »
Mbalo brief – July 2023
The month of July 2023 started on a high note for South Africans. First it was the decrease in the price of fuel on July 5th. Secondly, on the 10th of July, residents in some parts of the country woke up to the sheer wonder of the first snowfall in the city in more than read more »
Economic wrap-up for June 2023
Stats SA published 26 statistical releases in June, shedding light on the current state of the economy. SA narrowly averts recession The month began with the release of the latest gross domestic product (GDP) figures. After faltering in the fourth quarter of 2022, the South African economy expanded by 0,4% in the first quarter of read more »
National government financial transfers: Who benefits the most?
One of the important tasks of national government is to redistribute funds, mainly received from taxes, to other sectors of the economy. These transfers serve a financial lifeline to diverse groups which includes households, public corporations, local and international organisations, and other levels of government. Key areas of spending On the revenue side, national government read more »
Governance, Public Safety and Justice Survey (GPSJS)
The Governance, Public Safety and Justice Survey (GPSJS) is an expansion of the Victims of Crime Survey (VOCS). It collects information on social crimes, exclusion, perceptions about constitutional rights, access to justice, corruption, level of satisfaction with the performance of Government, the incidence of criminal victimisation and the circumstances surrounding victimisation from a victim’s perspective. read more »
Domestic Tourism Survey (DTS)
Tourism has the potential to make a significant contribution to the South African economy and it is targeted by government as one of the industries for future economic growth in the country. Tourism therefore is regarded as a potential sector where large-scale employment opportunities can be created. The National Development Plan (NDP) 2030 also emphasises read more »
Stats Biz – May 2023
The South African economy expanded by 0,4% in the first quarter of 2023, with manufacturing and finance being the major drivers of growth on the supply side of the economy. The demand side was lifted by exports, with smaller positive contributions for household, government, and investment spending. Explore the latest gross domestic product (GDP) figures, read more »
Economic wrap-up for May 2023
Stats SA published 21 statistical releases in the month of May, providing valuable insight into the current state of our economy. Here is a brief rundown of important indicators. Inflation edged lower in April Despite the ongoing stresses of rising prices and escalating costs of debt, there were some hopeful signs from the latest inflation read more »
SA Tourism shows slight recovery after COVID-19 pandemic.
After a drastic drop in tourist arrivals in 2020 and 2021, the volume of tourist arrivals in South Africa is showing improvement. The Tourism 2022 report released by Statistics South Africa shows that the volume of tourists dropped by 72,6% from 10Â 228Â 593 in 2019 to 2Â 802Â 320 in 2020 and declined by 19,5% between 2020 and read more »