When talking economics, consider the provinces
Economic growth is often quite lumpy. A national measure of gross domestic product (GDP) is useful to gauge how a country is doing as a whole. Still, it misses the fact that economic activity varies across towns, cities and regions. Stats SA’s most recent quarterly GDP release provides national data for the entire year of read more »
Formal non-agricultural sector jobs increase in the 4th quarter 2020
Jobs in the formal non-agricultural sector increased by 76Â 000 in the fourth quarter of 2020, bringing the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 9,64 million. This is according to the Quarterly Employment Statistics (QES, Q4:2020) survey released by Statistics South Africa (Stats SA). Year-on-year, formal sector read more »
Annual consumer inflation slows to an eight-month low
Headline inflation slowed to 2,9% in February from 3,2% in January, the lowest reading since June last year when the rate was 2,2%. This is the third time in the past 12 months that the annual rate has slipped below the bottom end of the South African Reserve Bank’s inflation target range. Inflation was below read more »
Presentations
SESSION 1: Opening African countries lead on natural capital accounting (video) Interview: Dr. Salman Hussain (The Economics of Ecosystems and Biodiversity (TEEB) Coordinator) Interview: Dr. Bram Edens (Senior Statistician, UNSD) Interview: Raul de Luzenberger (Deputy Head of the Delegation, European Union to South Africa) Interview: Mandy Driver : Senior Biodiversity Policy Advisor, SANBI Interview: Joe read more »
Headline GDP growth rate will no longer be annualised
If you work with gross domestic product (GDP) data or have an interest in economic statistics, the following note might be important to you. Stats SA announced in its most recent GDP statistical release1 that it will no longer use the annualised rate as the headline rate of change. There are several measures of economic read more »
Stats Biz – February 2021
South Africa’s GDP decreased by 7,0% in 2020 compared with 2019. To provide some perspective, the second biggest fall in GDP in the last 30 years was recorded in 1992 when the economy contracted by 2,1%. During the 2008/09 global financial crisis, the economy shrank by 1,5% in 2009. Explore economic growth, as well as read more »
GDP: Quantifying SA’s economic performance in 2020
Stats SA’s Gross domestic product (GDP) release for the fourth quarter of 2020 (October–December) concludes the series for the year, providing a sobering overview of 2020. Manufacturing and trade help lift growth in the fourth quarter The economy grew by 1,5% in the fourth quarter, giving an annualised1 growth rate of 6,3%. This follows read more »
The National Household Travel Survey in South Africa (NHTS): South Africans take 45 million trips, mostly by foot
Media release                                                                                                                   04 March 2021 The National Household Travel Survey in South Africa (NHTS): South Africans take 45 million trips, mostly by foot Statistics South Africa read more »
10,1 million SA learners walk all the way to their educational institution
The National Household Travel Survey (NHTS), 2020 results shows that ‘walking all the way’ remained the mode of travel that was most used by learners to reach their educational institution in all nine provinces. The survey, released by Statistics South Africa in collaboration with the Department of Transport, reports that about 10,1 million learners walked read more »
Statistician-General to release the results of the National Household Travel Survey (NHTS), 2020
MEDIA ADVISORYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 02 March 2021 Â Statistician-General to release the results of the National Household Travel Survey (NHTS), 2020 The Statistician-General, Mr Risenga Maluleke, will release the results of the National Household Travel Survey (NHTS), 2020 at a media briefing to be held on Thursday, 04 March 2021 in Pretoria. The objective of the survey read more »