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CPI inflation edges up in August

CPI inflation edges up in August

Annual consumer inflation quickened in August, reaching 4,3% year-on-year from the 4,0% recorded in July. This was associated with higher inflation in food and non-alcoholic beverages, housing, transport and recreation. Annual food inflation reached its highest level in 18 months, registering 3,8% in August. The pickup in food inflation was mainly driven by upward pressure   read more »


Stats SA to make more detailed CPI data available

More detailed data from the consumer price index (CPI) will be made available on the Stats SA website from this month onwards, starting with the July 2018 CPI release that will be published on 22 August 2018. New time series will be available in Excel and ASCII formats at a further level of detail than   read more »


Media Invite: Living Conditions Survey /New weights CPI basket

MEDIA ADVISORY                                                                                           17 January 2017   Release of the Living Conditions Survey and the new weights for the Consumer Price Index (CPI)   Statistics South Africa (Stats SA) will release the results of the Living Conditions Survey (LCS) 2014/2015 and the new weights for the Consumer Price Index (CPI) on Friday, 27 January 2017 at   read more »


Media Statement: Statistics South Africa to make changes to CPI basket and weights

Media Statement                                                                                     21 September 2016 Statistics South Africa to make changes to CPI basket and weights Statistics South Africa today announced that it would make changes to the Consumer Price Index (CPI) basket of goods and services, and the weights attached to these, with effect from the January 2017 release of the CPI.   read more »


Media statement: The incorporation of lottery price changes into the CPI

Media statement                                    15  September 2016   Media statement on the incorporation of lottery price changes into the CPI On Monday, 13 September 2016, Statistics South Africa announced through a note on its website, that recent price increases in lottery tickets would be incorporated into the August Consumer price index (CPI) release, due out on   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 »


South Africa’s CPI reveals how volatile inflation hurts the poorest

Patrick Kelly, Executive Manager for Price Statistics, provides some insights into how inflation affects the most vulnerable. The combined effect of the severe drought and the depreciation of the rand drove annual food inflation to 9,8% in March, its highest level in four years. Periods of high food inflation often spark an outpouring of concern   read more »


Notice on the premature release of Consumer Price Index data

Notice on the premature release of Consumer Price Index data

17 June 2015 An unforeseen technical fault caused a breach in the embargo time of the Consumer Price Index (CPI) release of the May 2015. Twenty-two (22) mailing list subscribers received the release earlier than the normal planned time. The scheduled time for the release of CPI data was 10H00 on Wednesday, 17 June 2015;   read more »


Changes to the basket and weights of the Producer Price Index, 25 February 2014

The January 2014 statistical release of the Producer Price Index (to be released on 27 February) will show changes to the weights and basket of the indices.  The methodology of the new PPI series that was introduced last year is to update the weights on an annual basis. The PPI has weights at two levels.    read more »


What is the Consumer Price Index?

The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products. Changes in the CPI record the rate of inflation. The CPI can also be used as a cost-of-living index. HOW IS THE CPI MEASURED? The prices of goods and services consumed by South Africans are used to calculate an   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 »