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The South African National Census of 2022 is the 4th comprehensive census performed by Statistics South Africa (Stats SA). [1] The census results were released on 10 October 2023 and recorded a total of 62 million people in the country.
The INPC, which stands for Indice Nacional de Precios al Consumidor (Consumer Price Index in English), is calculated and published every two weeks or on a monthly basis by the National Institute on Statistics and Geography (INEGI). Until July 15, 2011, the INPC was published by Banco de México, the Central Bank. [27]
To date Statistics South Africa has produced four censuses, in 1996, 2001, 2011 and 2022. Stats SA was previously known as the "Central Statistical Service", shortly after the end of apartheid and also it absorbed the statistical services of the former Transkei , Bophuthatswana , Venda and Ciskei .
The consumer price index (CPI) is the official measure of inflation in South Africa. One variant, the consumer price index excluding mortgage costs (CPIX), is officially targeted by the South African Reserve Bank [ 1 ] and a primary measure that determines national interest rates.
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 9, 2022
The economy of South Africa is the largest economy in Africa, it is a mixed economy, emerging market, and upper-middle-income economy, one of only eight such countries in Africa. [ 30 ] [ 31 ] [ 32 ] The economy is the most industrialised, technologically advanced, and diversified in Africa. [ 33 ]
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A study published by the Bureau of Labor Statistics, the agency that tracks consumer prices, found that dealer markups accounted for 35% to 62% of new vehicle inflation from 2019 to 2022. Paul Ryan, the CEO of a shopping app that monitors prices across about 40,000 dealerships, remarked, "it was the best of times for car dealers, for sure."