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Results for: consumer price index

Inflation inches higher in October

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 »


South Africa’s Income & Expenditure Survey Takes Off

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 »


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 »


Inflation cools for a second month

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 »


MEDIA RELEASE

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 »


Municipal finances and electricity: 11 years in perspective

Municipal finances and electricity: 11 years in perspective

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 »


Transport costs continue to drive inflation higher

Transport costs continue to drive inflation higher

Annual consumer price inflation quickened to 5,9% in March from 5,7% in February, placing it just below the upper limit (6%) of the South African Reserve Bank’s monetary policy target range. Transport, housing and utilities, and food and non-alcoholic beverages were the most significant contributors, with transport contributing 2,1 percentage points to the annual rate.   read more »


Gin is in and DVD players are ejected as Stats SA updates the inflation basket

Gin is in and DVD players are ejected as Stats SA updates the inflation basket

Stats SA published changes to the consumer inflation basket, providing insight into how household spending habits have shifted since 2016. It is best practice for national statistical offices to update the basket at least every five years to ensure that it adequately reflects trends in household spending, technology and consumer tastes. The process involves removing   read more »


Statistics South Africa to publish new CPI weights and changes to the basket of goods and services

MEDIA ADVISORY                                                                   27 January 2022 Statistics South Africa to publish new CPI weights and changes to the basket of goods and services Statistics South Africa (Stats SA) will publish new weights for the Consumer Price Index (CPI), together with changes to the CPI basket of goods and services, at a virtual media briefing to be   read more »


Inflation softens for a second month

Inflation softens for a second month

Annual consumer price inflation edged lower to 4,6% in July from 4,9% in June and 5,2% in May. The monthly increase in the consumer price index (CPI) in July was 1,1%, the highest monthly jump since July 2020 when the CPI increased by 1,3%. The primary drivers behind the monthly rise were alcoholic beverages, housing   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 »


Report-01-41-01 - Consumer Price Index: Sources and methods

This manual provides an explanation of the new weights, as well as a wealth of information on the CPI sources and methods. 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 »


City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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Nkandla

Nkandla is situated in a remote area of breathtaking mountainous beauty, which consists mainly of tribal lands and state-owned land. The area has a wealth of undisturbed forests, which boast many indigenous species. Nkandla has a claim to be the ‘cradle’ of Zulu history. From Malandela to Shaka, to Dingane and Cetshwayo, Nkandla has been at the centre stage of the Zulu nation’s history. The graves of King Malandela and Cetshwayo are at Nkandla. Nkandla Town is the only urban area in Nkandla Municipality which offers the full array of urban development, albeit at a smaller scale compared to the majority of towns in KwaZulu-Natal. This includes low-density residential, active and passive open space, schools, commercial areas, service-industries, churches, offices, government buildings an services, financial services, etc.read more »


City of Cape Town

The City of Cape Town as a municipal entity of today is just over ten years old. However, the Mother City has the oldest municipal structure in the country, going back to its first Council meeting held on 8 April 1652 – on a sailing ship anchored in Table Bay.

The Mother City is South Africa’s oldest city, with an area of 2 461 km2. It is the legislative capital of South Africa, the administrative and economic centre of the Western Cape Province.

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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 »


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 »