![What does government spend money on?](https://www.statssa.gov.za/wp-content/uploads/2020/11/gov1-64x64.jpg)
What does government spend money on?
A recent release from Stats SA provides a breakdown of financial data from all 708 institutions in government. This article provides an overview of what government spent money on in 2018/19, with focus on the public service wage bill. South African general government spent R1,79Â trillion in 2018/19, according to the latest Financial statistics of consolidated read more »
![Inflation edges up as food and drink prices bite](https://www.statssa.gov.za/wp-content/uploads/2020/11/cpinew1-64x64.jpg)
Inflation edges up as food and drink prices bite
Annual consumer inflation hit a seven-month high in October, driven largely by rising prices for food and non-alcoholic beverages. Headline inflation was 3,3%, the biggest annual rise since March when the rate was 4,1%. The monthly increase in October was 0,3%, edging up from 0,2% recorded in both September and August. Food and drink inflation read more »
![Inflation falls to a three-month low](https://www.statssa.gov.za/wp-content/uploads/2020/10/cpi1-64x64.jpg)
Inflation falls to a three-month low
South Africa’s annual inflation rate was 3,0% in September, lower than the rates recorded in July (3,2%) and August (3,1%). The change in the consumer price index between August 2020 and September 2020 was 0,2%, identical to the reading in the previous month. The alcoholic beverages and tobacco division was the main reason for the read more »
![Consumer inflation slightly down in August](https://www.statssa.gov.za/wp-content/uploads/2020/09/cpi1-64x64.jpg)
Consumer inflation slightly down in August
Annual CPI inflation pulled back slightly in August, easing to 3,1% from 3,2% in July. The monthly increase in prices was 0,2%. This is slightly lower than the average monthly change of 0,3% over the past year and lower than the 3-month average of 0,4%. Transport was the most significant contributor to the 0,2% monthly read more »
Stats Biz – August 2020
Annual CPI inflation quickened to 3,2% in July from 2,2% in June as lockdown restrictions continued to ease. The monthly increase of 1,3% was driven largely by fuel prices and municipal tariffs. Motorists felt some pain as the price of inland 95-octane petrol climbed from R13,40 per litre in June to R15,12 per litre in read more »
![Consumer inflation rises to four-month high](https://www.statssa.gov.za/wp-content/uploads/2020/08/image1-64x64.jpg)
Consumer inflation rises to four-month high
Annual CPI inflation quickened to 3,2% in July from 2,2% in June as lockdown restrictions continued to ease. The monthly increase was 1,3%, the biggest monthly rise since February 2016 when the rate was 1,4%. The monthly move in July was driven largely by fuel prices and municipal tariffs. Motorists felt some pain as the read more »
![Baking bad during lockdown](https://www.statssa.gov.za/wp-content/uploads/2020/08/bake2-64x64.jpg)
Baking bad during lockdown
You’ve waited too long. Your friends have tried it, you’ve seen the videos, you’re feeling the FOMO. You roll up your sleeves – it is time to bake your own lockdown bread. The kitchen is ready. The ingredients are all set out. Two cups of boiling water – check! Instant yeast, brown sugar, salt, flour read more »
![Inflation rate edges up in June](https://www.statssa.gov.za/wp-content/uploads/2020/07/cpi1-64x64.jpg)
Inflation rate edges up in June
Annual CPI inflation was 2,2% in June, slightly up from 2,1% in May. The monthly increase was 0,5% – a reversal of the -0,6% recorded between April and May. The dominance of fuel price changes recorded in the previous few months continued in June. Fuel prices increased by 7,5% from May to June, with petrol read more »
![Inflation the lowest in almost 15 years](https://www.statssa.gov.za/wp-content/uploads/2020/06/cpi1-64x64.jpg)
Inflation the lowest in almost 15 years
Annual CPI inflation for April reflects the impact of the first month of the COVID-19 lockdown. The rate dropped to 3,0% in April from 4,1% in March, the lowest reading since June 2005 when the rate was 2,8%. Consumer inflation is now at the bottom of the South African Reserve Bank (SARB) target range of read more »
![COVID-19: Deflation of essential product prices during Level 5 lockdown](https://www.statssa.gov.za/wp-content/uploads/2020/05/lockdown2-64x64.jpg)
COVID-19: Deflation of essential product prices during Level 5 lockdown
The prices of essential products decreased by 0,5% during the COVID‑19 Level 5 lockdown in April. The index increased in the first week of April but then dropped in each of the three successive weeks. The change in the week 23‒30 April was -0,7%. This is the final report of the weekly essential products price read more »