Consumer inflation accelerates to 7,8%
Annual consumer inflation reached another 13-year high, increasing to 7,8% in July from 7,4% in June. Transport; food and non-alcoholic beverages (NAB); and housing and utilities continue to place upward pressure on the annual rate. Bread & cereals, oils & fats, fuel and electricity all made a notable impact on this month’s reading. The consumer read more »
Nearly half of SA women are out of the labour force in Q2:2022
Globally, women who are looking for work and are available to work have a tougher time finding work than men. This phenomenon is more pronounced in South Africa, with higher unemployment rates for the general population as compared to the rest of the world. In 2022, 47,0% of South African women were recorded as economically read more »
Municipal finances and electricity: 11 years in perspective
Rising prices are hitting consumers hard, and the cost of electricity is no different. Municipalities play a significant role in the distribution of electricity in South Africa. Acting mostly as intermediaries, municipalities buy electricity from Eskom and then resell it to businesses, homes and other institutions. Eskom tariffs and purchases and sales of electricity A read more »
Post-enumeration Survey (PES) 2022 kicks off to measure Census 2022 coverage
Statistics South Africa will conduct an independent survey to measure the accuracy and reach of the Census 2022 population count from 8 June to 26 July 2022. Mop-up activities are set to run from 27 July to 06 August 2022. The Post Enumeration Survey (PES) identifies how many households and persons were erroneously included, missed read more »
60,6 million people in South Africa
The population of South Africa is estimated to be 60,6 million by the end of June 2022. Between 2002 and 2022 South Africa experienced a positive population growth year-on-year. A positive growth rate indicates that the population is increasing, despite the devastating impact of COVID-19 globally and within South Africa’s borders. By 2022, measures of read more »
Don’t throw in the towel!
Your chances of finding a job are much higher if you continue your search for employment. Estimates from the Quarterly Labour Force Survey, released by Statistics South Africa, show that the likelihood of finding employment is much higher if you continue to search for work or are available to take up a job or start read more »
Consumer inflation surges to a 13-year high
Annual consumer inflation jumped to 7,4% in June from 6,5% in May, mainly driven by rising transport and food prices. The June rate is the highest reading since May 2009 (8,0%) when the economy was facing the headwind of currency depreciation during the global financial crisis. The Consumer Price Index (CPI) increased by 1,1% between read more »
Bucket toilets increase in 2020
After six years of steady decline, the number of consumer units serviced with a municipal bucket toilet jumped from 42 434 in 2019 to 47 130 in 2020. Increases were reported in seven of South Africa’s 257 municipalities. This represents a rise of 4 696 consumer units, according to data from the latest Non-financial census of municipalities statistical read more »
The impact of COVID-19 on national government finances in the 2020/2021 financial year
Total revenue collection of national government decreased by R95 billion from R1 385 billion in 2019/2020 to R1 290 billion in 2020/2021. The revenue streams in national government are taxes collected, grants and ‘other’ receipts (this comprises sales of goods and services and interest). Taxes collected contributed about 97% of total revenue. The decrease of read more »
Increase in number of out-of-school children and youth in SA in 2020
In 2021, close to 3% of 15-year-olds and nearly 9% of 17-year-olds dropped out of school. The General Household Survey, 2021, released by Statistics South Africa, indicates that although most 18- and 19-year-olds were still attending secondary school, almost three out of 10 pupils aged 18 years (29,3%) and 4 out of 9 (46,3%) of read more »