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Mbalo Brief- May 2017

Temperatures across the country have begun to drop; this tells us that winter is here. As a result, many households and companies are starting to use electrical appliances to keep the cold away. This usually results in higher electricity bills. One of the ways in which consumers can cut high electricity costs is through house   read more »


Statistics on the rocks: exploring the price of whiskey

Statistics on the rocks: exploring the price of whiskey

International Whisk(e)y Day is on 27 March1. If you consider yourself a connoisseur of bourbon or rye, then the following is for you. Take a brief tour of what Stats SA has to say about whiskey in terms of its popularity and price. If whiskey is your preferred alcoholic beverage, you stand somewhat apart from   read more »


Stats Biz – January 2017

When last did you copy data onto a blank CD? With the rise of USB sticks and cloud storage, gone are the days of backing up your data on a compact disk. It comes as no surprise then, that Stats SA removed blank CDs and DVDs from the latest version of the Consumer Price Index   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 »


Tuition fee trends over time: what do the data show?

Tuition fee trends over time: what do the data show?

In a previous article, Stats SA outlined the importance of tuition fees – as a portion of total income – to the financial security of higher education institutions (HEIs)1 for the 2015 financial year. In this article, we provide a 10-year perspective of tuition fees to assess the significance of this source of HEI income.   read more »


To bean or not to bean – a look at the price of your cup of coffee

To bean or not to bean – a look at the price of your cup of coffee   Coffee. The lifeblood of many. The cup that jumpstarts your morning. The lack thereof creates zombies in offices across the world daily. The joys of drinking coffee are beautifully expressed in Johann Sebastian Bach’s Coffee Cantata, which   read more »


Media Announcement: Consumer Price Index (P0141) August 2016 – Release date 21 September 2016

Media Announcement                                                                                        13 September 2016   Consumer Price Index (P0141) August 2016 – Release date 21 September 2016 Not all items in the CPI are surveyed each month. A detailed survey schedule of the items that are not surveyed monthly is available in Table F of the monthly publication. Lotto tickets (Recreation and   read more »


The secret life of a slab of chocolate

The secret life of a slab of chocolate

You might celebrate World Chocolate Day today (7 July) by sitting back and feasting on your favourite slab of sugary goodness. At Stats SA, we love our chocolate. But we also love data and all things statistical. So, to honour today, we’ve teased out a few facts about the price of chocolate that you, as   read more »


Stats Biz – April 2016

Many have commented on South Africa’s drought and how rapidly food prices have been rising. The latest release of Stats SA’s Consumer Price Index (CPI) unpacks the South African food basket to examine which items might be contributing to your rising grocery bill. Explore food prices, as well as other economic stories, in this edition   read more »


Taking stock of food prices

Taking stock of food prices

Many have commented on South Africa’s drought and how rapidly food prices have been rising. The latest release of Stats SA’s Consumer Price Index (CPI) unpacks the South African food basket to examine which items might be contributing to your rising grocery bill. Imagine a basket sitting in front you, filled with a range of   read more »


P0141 - Consumer Price Index (CPI)

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. The P0141 contains information on all urban areas and the Additional tables contains information for provinces, Primary urban areas, Secondary urban areas and Rural areas.read more »


Report-01-41-01 - Consumer Price Index: Sources and methods

This manual provides an explanation of the new weights, as well as a wealth of information on the CPI sources and methods. read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


P0151 - Contract Price Adjustment Provisions Work Group Indices (CPAP)

The JBCC publication consists of indices derived from changes in the cost structures prevailing in 37 different sectors of the building industry and is reported on by Stats SA on a monthly basis. The indices reported on in this publication are mainly based on a combination of PPI, SEIFSA and CPI indices for the particular month. The indices contained in this release are calculated and published for use in conjunction with the "Haylett Formula".read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


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Inflation

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

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Poverty

Poverty is a key development challenge in social, economic and political terms; not only in South Africa but throughout the developing world. In post-apartheid South Africa, fighting the legacy of poverty and under-development has always been a central theme of Government. This was cemented in the Reconstruction and Development Plan (RDP) of 1994 and reiterated in the National Development Plan (NDP) published in 2011.

The guiding objectives of the NDP is the elimination of poverty and the reduction in inequality and all the elements of the plan must demonstrate their effect on these two objectives. The Living Conditions Survey (LCS) and the Income and Expenditure Survey (IES) conducted by Stats SA are the two primary contributors toward profiling and monitoring poverty and inequality over time.

These two surveys are fundamental components to the survey programme of any statistical agency. They are the leading tools for the measurement of absolute poverty and inequality and they are an extremely important building block for the Consumer Price Index (CPI) to stay current with the changing spending and consumption patterns of the country.

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Transport

Travel survey – Online Updates The National Household Travel survey (NHTS) provides insight into the travel patterns of South African households, providing information on modes of transport used, such as land, air and water transport, as well as cycling, walking, public and private transport. Also included are statistics on travel times, transport challenges experienced by households, and travel patterns related to work, education and leisure. NHTS surveys were conducted in 2003, 2013 and 2020. Transport and the need for transport has become an important part of daily life in South Africa. Not only does the movement of goods and services play an important part in the South African economy, but the types of transport available to individuals affects spatial decisions in terms of work, entertainment, education and place of residence. Stats SA publishes a range of transport-related information in various reports and publications. Travel survey The National Household Travel survey (NHTS) provides insight into the travel patterns of South African households, providing information on modes of transport used, such as land, air and water transport, as well as cycling, walking, public and private transport. Also included are statistics on travel times, transport challenges experienced by households, and travel patterns related to work, education and leisure. NHTS surveys were conducted in 2003 and 2013. Transport and the economy Stats SA’s quarterly Gross domestic product (GDP) release provides information on the size and growth of various industries in the South African economy, including the transport industry. The same publication also includes figures on overall household expenditure on transport. The monthly Motor trade sales release provides the time series data of trade in motor vehicles and motor accessories. The Land transport survey, published on a monthly basis, provides data on passenger and freight transportation by land. The Producer Price Index (PPI) release provides information on the prices of transport equipment leaving the factory gate. The extent to which prices of fuel, public transport and private transport are changing is covered in the monthly Consumer Price Index (CPI) release. Employment Stats SA’s Quarterly Labour Force Survey (QLFS) and Quarterly Employment Survey (QES) provide information on the number of individuals employed in various industries, including the transport industry. Financial indicators The Quarterly Financial Statistics (QFS) and Annual Financial Statistics (AFS) reports provide a financial overview of various industries, including transport, storage and communication. Data on turnover, income and expenditure, profit or loss and various balance sheet items are also included in the reports. The transport and storage industry report for 2013 provides more in-depth information on the size, nature and structure of the transport and storage industry. This periodic survey provides details on employment within the industry, trading income, expenditure, profit or loss, inventories, sales and services, and purchases.read more »