Inflation for August slightly up to 6,4%

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Inflation for August slightly up to 6,4%

Inflation for August slightly up to 6,4%

Consumer inflation (headline CPI) edged up slightly to 6,4% in August compared with July’s reading of 6,3%. The increase was mainly a result of upward pressure from food and motor vehicle prices.  Annual food and beverage inflation, which registered 8,8% in June and July, climbed to 9,4% in August.  Food inflation has been increasing since   read more »


Stats SA launches Living Conditions Survey (LCS)

Stats SA launches Living Conditions Survey (LCS)

Statistics South Africa (Stats SA) launched the Living Conditions Survey (LCS) 2014/15 in Pretoria today. The LCS is a periodic survey which is conducted every 5 years. The survey aims to identify and profile poverty in South Africa, and gives policy-makers information on who is poor, where the poor are located and what it is   read more »


Mbalo Brief – May 2014

It has only been five months into 2014, yet a lot has already happened. Just recently, on 7 May 2014, many South Africans went out in their numbers to vote in the fifth general election since the dawn of democracy. The African Union (AU) and Southern African Development Community (SADC) observer missions congratulated South Africa   read more »


Related documents

Related documents

The Consumer Price Index is South Africa’s measure of consumer inflation. In 2006 we began a process of reviewing and improving the way we collect CPI data and compile the index. This page is designed to provide CPI users with more detailed information on CPI methodology, and on changes that are taking place to improve   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 »


Filling your tank costs you more

Filling your tank costs you more

Over the past 12 months, the petrol price has increased by R2,49. This translates to an extra R124,50 to fill a 50 litre tank. The annual inflation rate for petrol is 23%, the highest since December 2011, when it was 26,3%. This is just one of the factors which led to the annual CPI inflation   read more »


Inflation up to 6,3%

The annual inflation rate jumped to 6,3% in July from the 5,5% recorded in June. This is the first time since April 2012 that the CPI has strayed outside of the inflation target band. The increase in the annual rate was almost totally due to the 84c/l increase in the petrol price which resulted in   read more »


What do South Africans spend their money on

What do South Africans spend their money on

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 »


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 »


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 »


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 »


P0100 - Income and expenditure of households (IES)

The ``Income and expenditure of households 2005/2006: Statistical release`` presents the results of the Income and Expenditure Survey conducted by Statistics South Africa (Stats SA) between September 2005 and August 2006 (IES 2005/2006). The IES 2005/2006 based on the diary method was the first of its kind to be conducted by Stats SA. Previously IES were conducted by Stats SA every five years using the recall method. The IES 2005/2006 was designed to collect information on items and services acquired by South African households, various sources of income acquired by participating households (monetary or in-kind). This was accomplished by collecting details of all expenditure by a participating household and all acquisitions of goods and services for the household’s own consumption within a given reference period. The results of the survey serve as an input into identifying the goods and services that should be included in the Consumer Price Index (CPI) basket of goods and services. read more »


Report-01-00-01 - Income and expenditure of households (IES): Economic analysis

The ``Income and expenditure of households 2005/2006: Analysis of results`` report provides users with a variety of comparisons both within the 2005/2006 survey and with its two predecessors in 1995 and 2000. There are separate sections on income, expenditure and inequality. The expenditure comparisons are across income groups, population groups and the provinces. The analysis identifies where there have been significant changes in consumer behaviour and provides Stats SA’s explanations for these. Importantly, the report also guides users regarding the limitations of certain comparisons and the caveats that should be taken into account when policymakers and other analysts make use of the results for their own research. read more »


Ezingoleni

Ezinqoleni Local Municipality (KZ 215) is one of the six local municipalities that form part of the Ugu District (DC 21). This municipality is located on the south-western boundary of the Ugu District, adjacent to the west of the Hibiscus Coast Municipality and east of the uMuziwabantu Municipality.

The Ezinqoleni Local Municipal offices are situated within the Ezinqoleni settlement that is located some 40 kilometres west from Port Shepstone along the N2 national highway. The Ezinqoleni municipal area is 649 km2 (64 900 hectares) in extent with the major land uses in the area being tribal settlements, smallholdings and commercial farming. The Ezinqoleni Local Municipality is the smallest municipality in the district, and accounts for approximately 14% of the Ugu District area.

Approximately 35% of the municipality's total area can be classified as residential or smallholding areas, while the remaining 65% of the land is dedicated to agriculture/conservation and other non-residential land uses.

The Ezinqoleni Local Municipality constitutes a Category B municipality as determined by the Demarcations Board, falling within the ambit of a collective executive system municipality as described in the KwaZulu-Natal Determination of Types of Municipality Act, 2000.

The Ezinqoleni Local Municipality consists of 5 wards with 9 councillors (i.e. 5 Ward Councillors and 4 proportional representative Councillors).

(Source: www.ezinqoleni.gov.za)

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Mafikeng

Mafikeng Local Municipality is located in Mafikeng, the capital city of the North West province. The municipality is a considerably big local municipality compared to the other four local municipalities located within the area of jurisdiction of the NgakaModiri-Molema District Municipality. (http://www.mafikeng.gov.za).read more »


Tlokwe City Council

Tlokwe Local Municipality (previously known as Potchefstroom Local Municipality) falls within Dr Kenneth Kaunda District Municipality in the North West province. The seat of the local municipality is Potchefstroom. The most widely accepted theory on the origin of the name Potchefstroom is that the name is composed of three words: Potgieter, chef and stroom. The first syllable is that of Potgieter, the second from the fact that he was a "chef" or a leader of the emigrants, and the third signifying the Mooi River. The complete name "Potgieter" was gradually shortened to "Pot". (http://www.potch.co.za/index.htm).read more »


Phokwane

Phokwane Local Municipality incorporates the previous municipal areas of Hartswater, Jan Kempdorp, Ganspan and Pampierstad. The Phokwane Municipality is named after Queen “Phokwane”, the wife of Kgosi Galeshewe of the Barolong boo Ra-Tlhaping tribe. Phokwane is nestled in the lush green delta of the Hartswater region and boasts the second largest irrigation scheme in the Southern Hemisphere, namely the Vaalharts Irrigation Scheme. The municipality has a total population of 61 321 inhabitants of whom the majority is found in the peri-urban areas of the municipality. A significant characteristic of the Phokwane population is the youth who account for 33% (ages 15–34) of the total population. The economy of Phokwane is based on agriculture, community development, retail, private household and informal sectors. These five sectors alone provide jobs to 11 160 persons within the municipal area. This accounts for 65% of employment within Phokwane. In terms of agriculture Phokwane exports grape, citrus and olive products. The dominant languages in the area are Setswana, Afrikaans and Isixhosa with each of the languages having 70%, 25% and 5% users respectively.  read more »


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 »