Annual consumer price index (CPI) inflation registered its second monthly decline in December, edging lower to 7,2% from 7,4% in November and 7,6% in October. The monthly rate in December was 0,4%.   The December release concludes the results for the calendar year. Average annual inflation for 2022 was 6,9%, higher than the 4,5% recorded   read more »

According to the Recorded Live Births, 2021 report released by Statistics South Africa, almost 1 million births occurred in 2021 and the most popular baby names were Lethabo and Melokuhle for boys and girls respectively. Melokuhle, Lethabo and Lethokuhle were the most popular names amongst both baby girls and boys in South Africa in 2021.   read more »

According to the Quarterly Employment Statistics (QES, Q3:2022) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 10 000 in the third quarter of 2022, bringing the level of total employment to approximately 10 million. The survey showed that jobs increased by 31 000 between September 2021 and   read more »

Consumer price inflation moderated slightly in November to 7,4% from 7,6% in October. The monthly change in the consumer price index (CPI) was 0,3% in November, slightly lower than the 0,4% recorded in October. The three categories with the highest annual inflation rates in November were transport (15,3%), food & non-alcoholic beverages (NAB) (12,5%) and   read more »

Marked by COVID-19, the 2020–2021 period was incredibly challenging for the South African economy. Data from Stats SA’s latest Annual financial statistics (AFS) survey, which includes the first three months of the hard lockdown, shows a decline in formal business turnover and expenditure. The AFS reference period typically entails a lag effect: the survey reference   read more »

After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%. The size of the economy now exceeds pre-pandemic levels. Real gross domestic product (GDP) was R1 161 billion in the third quarter, which is above the previous peak of R1 152 billion recorded in 2018. Explore economic growth, as   read more »

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After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%.1 The agriculture, finance, transport and manufacturing industries were the main drivers of growth on the supply side of the economy. The demand side of the economy was lifted by a rise in exports and government   read more »

South African government spending broke the R2 trillion mark in the 2020/21 financial year. Large increases in expenditure were recorded for social protection, health, and general public services as the country battled the COVID-19 pandemic. At the same time, total revenue declined on the back of lower taxes received. The Financial statistics of consolidated general government   read more »

MEDIA ADVISORY                                                                   01 December 2022 Statistics South Africa to release the Gross Domestic Product (GDP) Q3 2022 Statistics South Africa (Stats SA) will release the results of the Gross domestic product (GDP) for the third quarter of 2022, at a media briefing to be held on Tuesday, 6 December 2022 in Pretoria. Media briefing will   read more »