The mining industry’s contribution to total turnover in the South African formal business sector has increased over the years. A comprehensive time series, available from the Annual Financial Statistics (AFS) statistical release, provides a breakdown of how the turnover pie has shifted over the years. The survey reference period for the latest AFS (i.e. AFS   read more »

Real gross domestic product (GDP) contracted by 0,2% in the third quarter of 2023. This followed two consecutive quarters of growth. On the production side of the economy, five of the ten industries recorded weaker results in the third quarter, with agriculture, manufacturing and construction the biggest drags on growth. Explore the latest GDP figures,   read more »

After two consecutive quarters of growth, South African real gross domestic product (GDP) contracted by 0,2% in the third quarter (July–September) of 2023.1 The contributions to the performance of the economy were evenly spread between the industries on the production side of the economy. The contributions ranged from -0,3 of a percentage point to +0,1   read more »

Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399 000 jobs in the   read more »

MEDIA ADVISORY                                                                                       30 November 2023   Statistics South Africa to release the Gross Domestic Product (GDP) Q3 2023 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the third quarter of 2023, at a media briefing to be held on Tuesday, 5 December 2023 in Pretoria. Media briefing   read more »

Media Invite 29  November 2023 FOOD AND AGRICULTURAL ORGANIZATION (FAO), STATS SA AND DEPT OF AGRICULTURE, LAND REFORM AND RURAL DEVELOPMENT (DALRRD) TO HOST THE 28TH SESSION OF THE AFRICAN COMMISION ON AGRICULTURAL STATISTICS (AFCAS)   Food and Agricultural Organization (FAO), Stats SA and the Department of Agriculture, Land Reform and Rural Development (DALRRD), will   read more »

South Africa’s working-age population that are discouraged have shown a willingness to shift from being inactive to actively engaging in the labour market, either through employment or job-seeking efforts. This is evident in the results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2023. The number of persons who were not   read more »

MEDIA ADVISORY                                                                                     24 November 2023   VIRTUAL RELEASE OF THE ANNUAL AGRICULTURAL SURVEY RESULTS, 2022 The Statistician-General, Mr Risenga Maluleke will release the annual Agricultural Survey results, 2022 at a virtual press briefing on Wednesday, 29 November 2023.  The Agricultural Survey covers the activities of commercial farms in South Africa which are registered for   read more »

Annual consumer inflation increased for a third consecutive month in October, verging on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5,9%, up from 5,4% in September. Consumer prices increased on average by 0,9% between September and October, the highest monthly rise in three months. The following   read more »

Since 2014, the number of people affected by hunger has been increasing. The United Nations (UN) estimates that 828 million people globally were affected by hunger in 2021. Yet food loss and waste is a cause for concern. Every year, 1,6 billion tonnes of food is wasted across the world of which 1,3 billion tonnes   read more »