Inflation softens for a second month
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 »
Government spending breaches R2 trillion
South African government spending broke the R2Â 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 »
Inflation inches higher in October
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 »
The state of the electricity, gas & water supply industry (2021)
National electricity supply has been the cause of intense concern for many years. Stats SA’s latest detailed survey of the industry provides updated data on finances, production and employment. Covering electricity, gas and water supply in the formal economy, the 2021 survey continues on from similar surveys conducted in 2006, 2010, 2013, 2016 and 2019. read more »
FOR IMMEDIATE RELEASE
 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 »
Economic, social and political empowerment are critical for achieving gender equality in SA
More than half (51,1%) of the South African population are female[1] and, according to the General Household Survey (GHS) 2021, more than two-fifths (42,0%) of households are headed by females. While women empowerment is central to the global development agenda and is a stepping stone to gender equality, a new report released by Statistics South read more »
Inflation cools for a second month
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 »
New samples for monthly business cycle indicators
In September 2022, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for read more »
Softer fuel prices take the edge off inflation in August
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 »
Consumer inflation accelerates to 7,8%
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 »