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Results for: consumer price index

CPI inflation edges lower in June

CPI inflation edges lower in June

Annual consumer inflation eased to 4,9% in June after recording a 30-month high of 5,2% in May. The monthly increase in the consumer price index (CPI) was 0,2%, up from 0,1% in May but lower than the 0,5% rise recorded between May and June 2020. If annual consumer inflation is recalculated with the exclusion of   read more »


Education inflation the lowest in 30 years

Education inflation the lowest in 30 years

Education inflation recorded its lowest annual rate in three decades, according to data from Stats SA’s latest Consumer Price Index (CPI) release. Stats SA surveys educational institutions and crèches once a year in March. Education fees increased by 4,1% in 2021. Last year’s rise was 6,4%. Historical data shows that this is the lowest increase   read more »


Inflation remains low in January

The annual rate of consumer inflation was 3,2% in January, slightly up from December’s reading of 3,1%. The monthly increase in the consumer price index was 0,3%, following 0,2% between November and December. The monthly changes in the CPI have remained within a range of 0% to 0,3% since August 2020. Food and non-alcoholic beverages,   read more »


Love it or hate it – the rand turns 60

Love it or hate it – the rand turns 60

While many couples will be celebrating Valentine’s Day this Sunday, 14 February, historians may have a different take on the day. 14 February 2021 is the 60th anniversary of the introduction of the rand as South Africa’s currency. Following the adoption of recommendations of the Decimal Coinage Commission in 1958, the British-styled pounds, shillings and   read more »


Inflation for 2020 was the lowest in 16 years and the second lowest in 51 years

Inflation for 2020 was the lowest in 16 years and the second lowest in 51 years

The December 2020 Consumer Price Index (CPI) release concludes the data points for the entire calendar year. The average annual inflation rate for 2020 was 3,3%. This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%). One of the reasons for low inflation in 2004, according to the   read more »


What does government spend money on?

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 R1,79 trillion in 2018/19, according to the latest Financial statistics of consolidated   read more »


Inflation falls to a three-month low

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 »


Baking bad during lockdown

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

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 »


CPI inflation slows to 2,1% in May

CPI inflation slows to 2,1% in May

Annual consumer price inflation fell to its lowest reading since September 2004, dragged lower mainly by falling fuel prices. The Consumer Price Index (CPI), which measures the prices of a range of consumer goods and services, increased by 2,1% in May 2020 compared with May 2019. The reading for September 2004, 15 years and eight   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 »