Page 4 - Statistics Sa News Today

Headline consumer inflation eased to 6,8% in April from 7,1% in March, Statistics SA announced on Wednesday.

Unemployment increased from 32.7% in 2022 to 32.9% in the first quarter of 2023, representing 7.9-million people without work, according to Stats SA.

The recently data released by Statistics Sa shows that consumer food price increases accelerated by 14.4% in March from 14% in the previous month.

This year, Workers’ Day was marked amid unprecedented high levels of unemployment, rising cost of living, dependency on the state for social grants and growing inequality.

Statistics SA released the latest property price index stats for the eight metropolitan municipalities and nine provinces on Thursday.

South Africans are increasingly turning to credit to survive cost-of-living increases.

The figures also show that the index for health insurance increased by 4.4% in February.

Amid the every day gloom of life in this country lately, there was some welcome news yesterday as headlines screamed that the official unemployment rate had fallen further to a reported 32.7% in the fourth quarter of last year.

South Africa's official unemployment rate has dropped for a third consecutive quarter, Statistics SA announced on Tuesday.

Cosatu’s spokesperson Sizwe Pamla warned that if the central bank raises the cost of credit – when it meets later next month – based on the slight increase of the employment rate, this could reverse the gains.