Inflation quickens slightly in December Page 3 CONTENTS stats biz Your monthly update on South Africa’s economic indicators Mining falls for the fourth month in a row Page 1 Retail trade sales growth in November Page 4 Western Cape has the highest inflation rate Page 5 Headlines Infographics Provincial snapshot HEADLINES ECONOMIC INDICATORS FEATURE ARTICLE INFOGRAPHIC OF THE MONTH PROVINCIAL SNAPSHOT CONTACT US 01. 2020
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Inflation quickens slightly in December Page 3
CONTENTSstats bizYour monthly update on South Africa’s economic indicators
Mining falls for the fourth month in a row
Page 1
Retail trade sales growthin November
Page 4
Western Cape has the highest inflation rate
Page 5
Headlines
Infographics
Provincial snapshot
HEADLINESECONOMIC INDICATORSFEATURE ARTICLE
INFOGRAPHIC OF THE MONTHPROVINCIAL SNAPSHOTCONTACT US01
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Economic headlines
CONTENTSstats biz HEADLINESECONOMIC INDICATORSFEATURE ARTICLE
INFOGRAPHIC OF THE MONTHPROVINCIAL SNAPSHOTCONTACT US
Keshnee Naidoo provides a quick overview of the latest retail trade figures (watch the video here).
Black Friday boosts store sales
Juan-Pierre Terblanche breaks down the latest mining figures in this video.
Mining falls for the fourth month in a row
11 000 full-time and 17 000 part-time jobs were shed in the third quarter of 2019 (click here to read more).
The formal sector loses 28 000 jobs
You can now explore the SDGs data for South Africa using this new online tool (click here to read more).
3CONTENTSstats biz HEADLINESECONOMIC INDICATORSFEATURE ARTICLE
INFOGRAPHIC OF THE MONTHPROVINCIAL SNAPSHOTCONTACT US
Feature articleInflation quickens slightly in December
Annual consumer inflation edged up to 4,0% in December from November’s 3,6%. The main contributors to the 4,0% rate were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services.
The food and non-alcoholic beverages category recorded an annual rate of 3,9%, slightly higher than the 3,5% recorded in November. Bread and cereal prices continue to place pressure on overall food inflation, increasing by 8,0%, which was unchanged from November’s reading.
Meat inflation picked up from November’s 1,8% to 2,0% in December. Meat products that experienced the biggest annual price increases were corned beef, chicken portions (both frozen and fresh) and ham. These increases were offset by falling prices in biltong, bacon and mutton.
4CONTENTSstats biz HEADLINESECONOMIC INDICATORSFEATURE ARTICLE
INFOGRAPHIC OF THE MONTHPROVINCIAL SNAPSHOTCONTACT US
Infographic of the month
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5CONTENTSstats biz HEADLINESECONOMIC INDICATORSFEATURE ARTICLE
INFOGRAPHIC OF THE MONTHPROVINCIAL SNAPSHOTCONTACT US
Provincial snapshot
Western Cape had the highest inflation rate in 2019You are not imagining things – if you feel your money is buying less than it did a year ago –you are not alone.
South Africa’s average inflation rate for 2019 was 4,1%. This means that the general price level of goods and services that we buy increased by 4,1% over the year.
Those living in the Western Cape felt the most pain, with prices rising by 4,9%. The province with the lowest inflation rate for the year was North West at 3,6%.
The good news is that South African inflation has been slowing. The 2019 average of 4,1% is lower than the rates recorded for 2018 (4,7%) and 2017 (5,3%).
Download the latest Consumer Price Index (CPI) release here.