Category Archives: Inflation

Pondering #NationalWineDay

Pondering #NationalWineDay

合乐娱乐 www.pbi8z.com.cn 25 May is National Wine Day! Here are a few fun facts to muse over if you’re planning to enjoy a glass or three.   SA households spend more on wine than on coffee South Africans have clear priorities when it comes to drink. Wine takes up 7,2% of total household expenditure on alcoholic and   read more »


Inflation edges slightly lower in April

Inflation edges slightly lower in April

Annual consumer inflation softened to 4,4% in April 2019 after hitting a three-month high of 4,5% in March 2019. While food inflation remains quite stable, rising petrol prices continue to place pressure on consumers. Inflation has remained within the South African Reserve Bank (SARB) target range of 3–6% for two years (since March 2017). The   read more »


Medical aid and transport costs nudge inflation higher

Medical aid and transport costs nudge inflation higher

Consumer inflation edged up slightly from 4,0% in January 2019 to 4,1% in February 2019, remaining firmly within the South African Reserve Bank (SARB) inflation target range of 3%–6%. Notable drivers behind the rise were medical insurance and transport costs. Stats SA surveys health insurance fees in February of each year. On average, medical-aid schemes   read more »


Falling fuel prices drag inflation down

Falling fuel prices drag inflation down

Consumer inflation dropped to 4,0% in January 2019 from 4,5% in December 2018. This is the lowest annual rate since March?2018, when headline inflation came in at 3,8%. The actual index level is now lower than it was in October 2018, according to Stats SA’s latest Consumer Price Index release1. This means that, on average,   read more »


Manufacturing: winners and losers of 2018

Manufacturing: winners and losers of 2018

The manufacturing industry rebounded in 2018, recording its highest annual growth rate in five years. The food and beverages and automotive divisions were the major drivers behind the rise. However, manufacturers in communication equipment, electrical machinery and clothing failed to perform. Manufacturing production increased by 1,2% in 2018 compared with 2017, according to Stats SA’s   read more »


Stats SA to make more detailed CPI data available

More detailed data from the consumer price index (CPI) will be made available on the Stats SA website from this month onwards, starting with the July 2018 CPI release that will be published on 22 August 2018. New time series will be available in Excel and ASCII formats at a further level of detail than   read more »


Despite the VAT increase, food inflation continues to fall

Despite the VAT increase, food inflation continues to fall

Annual food inflation continues to slow despite April’s rise in value added tax (VAT). In fact, some food items are actually cheaper than they were a year ago. The items you are now paying less for are in the oil, bread, fruit and sugar categories, according to the latest Consumer Price Index (CPI) release.1 Bread   read more »


SA added 56 000 jobs in the first quarter of 2018

SA added 56 000 jobs in the first quarter of 2018

The total number of jobs reported in the first quarter showed an increase of 56?000 from the previous quarter, bringing the total number of persons employed in the formal non-agricultural sector to 9?838?000. According to the figures from the Quarterly Employment Statistics (QES) Survey, formal sector jobs rose year-on-year by 74?000 in the first quarter   read more »


Higher inflation dampens spirits as taxes take a toll

Higher inflation dampens spirits as taxes take a toll

South Africa’s consumer inflation rate jumped to 4,5% in April after reaching a seven-year low of 3,8% in March. Much of the increase was a result of price rises in product groups that attract specific taxes, namely alcohol, fuel and sugary drinks. A one percentage point increase in value added tax (VAT) also came into   read more »


Change in publication date of Producer Price Index (PPI) January 2018

The PPI for January will be published at 11:30 on 28 February 2018 instead of 22 February as originally scheduled. The delay is a result of system difficulties experienced in shifting to the new PPI basket. The CMPI will be published at 12:00 on 28 February. The Import and export unit value indices will be   read more »



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