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 »

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 »

Consumer price inflation picked up slightly in October, rising to 7,6% from 7,5% in September. The monthly increase in the consumer price index (CPI) was 0,4%, up from 0,1%. Bread & cereals, meat and dairy drive food prices higher The annual rate for food and non-alcoholic beverages edged higher to 12,0% from 11,9% in September.   read more »

Household income and expenditure surveys are an essential component to a healthy data ecosystem and critical for economic and developmental planning and decision-making. Statistical agencies like Statistics South Africa (Stats SA) use these surveys to inform the measurement of inflation and to better understand a country’s household economy and living conditions. “Out of every R1   read more »

 MEDIA RELEASE                                                                                        01 November 2022 FOR IMMEDIATE RELEASE Stats SA will commence with data collection operations for the country’s fifth large-scale Income & Expenditure Survey (IES) 2022/23 on Monday, 7 November 2022. The year-long data collection phase will run until the end of November 2023.  The IES 2022/23 is a household-based sample survey specifically designed   read more »

Annual consumer price inflation slowed to 7,5% in September from 7,6% in August, edging further down from the 13-year high of 7,8% recorded in July. Fuel prices declined for a second consecutive month, contributing to the softer headline rate. The monthly change in the consumer price index (CPI) for September was 0,1%, lower than 0,2%   read more »

Annual consumer inflation dipped to 7,6% in August from 7,8% in July. The monthly increase in the consumer price index (CPI) was 0,2%, the lowest reading since January 2022 when it was also 0,2%. Fuel prices decreased by 3,8% between July and August, with petrol falling by 5,0% and diesel by 0,9%. This pushed the   read more »

MEDIA RELEASE                                                                                              18 September 2022 FOR IMMEDIATE RELEASE Stats SA prepares to collect comprehensive information on household income and expenditure by visiting over 31 000 dwelling units across the country during the Income & Expenditure Survey (IES 2022/23). The IES 2022/23 is a household-based sample survey specifically designed to collect detailed household income and expenditure   read more »

Annual consumer inflation reached another 13-year high, increasing to 7,8% in July from 7,4% in June. Transport; food and non-alcoholic beverages (NAB); and housing and utilities continue to place upward pressure on the annual rate. Bread & cereals, oils & fats, fuel and electricity all made a notable impact on this month’s reading. The consumer   read more »

Rising prices are hitting consumers hard, and the cost of electricity is no different. Municipalities play a significant role in the distribution of electricity in South Africa. Acting mostly as intermediaries, municipalities buy electricity from Eskom and then resell it to businesses, homes and other institutions. Eskom tariffs and purchases and sales of electricity A   read more »