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3 days ago
The economy grew in the second quarter
Here is what is really going on.
Tag: inflation
The Real Economy Bulletin | Q2 2024
The quarterly bulletin by Trade & Industrial Policy Strategies provides insights into the broader economy and tracks the performance of key industries over time.
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1 week ago
Five essential benchmarks for effective bargaining preparation
The Bargaining Benchmarks report is for trade union negotiators who want to be well-informed and effective in bargaining processes.
Bargaining Benchmarks | September 2024
A resource for trade union negotiators.
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3 weeks ago
Inflation data for trade union negotiators
What has happened to inflation and selected sub-indices from June 2022 to July 2024.
Inflation Monitor | July 2024
The annual headline inflation rate
slowed to 4.6% in July 2024, from 5.1% in June.
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2 months ago
A simplified inflation data report for trade union negotiators
June issue of the LRS Inflation Monitor.
Inflation Monitor | June 2024
The annual headline inflation rate was 5.1% in June 2024, down from 5.2% in May 2024.
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3 months ago
Inflation report for trade union negotiators
A snapshot of inflation and some sub-indices from May 2023 to May 2024.
Inflation Monitor | May 2024
Consumer Price Index Unchanged at 5.2% in May 2024.
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3 months ago
What’s really happening in the economy?
The TIPS Real Economy Bulletin should be compulsory reading for trade unionists.
The Real Economy Bulletin | Q1 2024
This quarterly bulletin by Trade & Industrial Policy Strategies (TIPS) takes the temperature of the broader economy and tells you about the relative performance of the main industries over time.
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3 months ago
Key benchmarks for effective bargaining
The benchmarks that will prepare worker leaders for bargaining processes.
Bargaining Benchmarks | June 2024
Bargaining Benchmarks is a resource for trade union negotiators in South Africa.
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4 months ago
Inflation slows for the second month in April
The slight improvement in inflation informs our wage negotiations and expectations for adjustments.
Inflation Monitor | April 2024
The consumer price index slowed to 5.2% in April 2024.
Inflation Monitor | March 2024
The annual headline inflation rate slowed down to 5.3% in March 2024 from 5.6% in February 2024.
Inflation Monitor | February 2024
The annual headline inflation rate rose to 5.6% in February 2024, up from 5.3% in January 2024.
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6 months ago
The basic benchmarks a negotiator needs for the bargaining process
View the latest LRS Bargaining Benchmarks report.
Bargaining Benchmarks | March 2024
The basic benchmarks a negotiator needs for the bargaining process.
Inflation Monitor | January 2024
Headline consumer inflation rose to 5.3% year-on-year in January from 5.1% in December.
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7 months ago
Five essential resources for union negotiators
Refresh your knowledge and skills on wage bargaining using LRS resources created for trade union negotiators.
Inflation Monitor | December 2023
Annual headline inflation fell from 5.5% in November to 5.1% in December.
Inflation Monitor | November 2023
The annual consumer price inflation was 5.5% in November 2023, down from 5.9% in October 2023.
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9 months ago
Bargaining Benchmarks | December 2023
Bargaining Benchmarks helps trade union negotiators to enter negotiations as informed and strategic role players.
Bargaining Benchmarks | December 2023
A resource for trade union negotiators in South Africa.
Inflation Monitor | October 2023
Headline inflation increased from 5.4% in September 2023 to 5.9% in October 2023.
Inflation Monitor | September 2023
Fuel and food push inflation up to 5.4 per cent in September 2023
Inflation Monitor | August 2023
Consumer price index rose to 4.8% in August 2023.
Bargaining Benchmarks | September 2023
A resource for trade union negotiators in South Africa.
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1 year ago
Bargaining Benchmarks | September 2023
A resource for trade union negotiators in South Africa.
The Real Economy Bulletin | Q2 2023
The Real Economy Bulletin is a quarterly publication of Trade and Industrial Policy Strategies (TIPS) that examines trends, developments and data in the real economy.
Inflation Monitor | July 2023
Annual headline inflation rate fell to 4.7% in July from 5.4% in June.
Inflation Monitor | June 2023
The annual inflation rate decreased from 6.3% in May 2023 to 5.4% in June 2023. The Consumer Price Index (CPI) increased by 0.2% month-on-month in June 2023.
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1 year ago
Tackling the huge pay gap in the public sector
The 3% increase for office bearers is below average inflation, but what does it mean in Rand terms compared to the 7.5% increase for ordinary workers in the public service?
Inflation Monitor | May 2023
Our simplified version of inflation data in South Africa for trade union negotiators.
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1 year ago
RESOURCE: The Real Economy Bulletin | Q1 2023
The Real Economy Bulletin examines real economy trends, developments and data and is useful for negotiations and research.
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1 year ago
RESOURCE: Bargaining Benchmarks | June 2023
This is a vital resource for trade union negotiators that want to enter bargaining processes as informed role players.
Bargaining Benchmarks | June 2023
Bargaining Benchmarks is a resource for trade union negotiators in South Africa.
Inflation Monitor | April 2023
Annual consumer inflation fell to 6.8% in April from 7.1% in March. This is the lowest reading since May 2022.
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1 year ago
Resource: Inflation Monitor | March 2023
Inflation tells us something about the buying power of a worker. Effective negotiators need to ensure that workers get regular increases to maintain the buying power of their wages.
Inflation Monitor | March 2023
Annual consumer price inflation was 7,1% in March 2023, up from 7,0% in February 2023. The CPI increased by 1,0% month-on-month in March 2023.
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1 year ago
Resource: Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the bargaining process of the trade union.
Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the union’s bargaining process.
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2 years ago
Bargaining Benchmarks | March 2023
This report provides union negotiators with the benchmarks to enter bargaining processes as informed role players.
Bargaining Benchmarks | March 2023
Benchmarks to help union negotiators enter negotiations as informed players.
Inflation Monitor | January 2023
The average annual consumer price (CPI) fell to 6.9% in January 2023, with food inflation at its highest level in 14 years.
Inflation Monitor | December 2022
Our simplified version of inflation data in South Africa supports trade union bargaining.
Inflation Monitor | November 2022
The annual inflation rate decreased to 7.4% in November 2022 from 7.6% in October 2022.
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2 years ago
RESOURCE: Bargaining Benchmarks | December 2022
A resource for trade union negotiators in South Africa.
Bargaining Benchmarks | December 2022
A resource for trade union negotiators in South Africa.
Inflation Monitor | October 2022
The headline annual inflation rate increased to 7.6% in October 2022 from 7.5% in September 2022.
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2 years ago
Bargaining Benchmarks | October 2022
Five benchmarks to help trade union negotiators enter bargaining processes as informed role players.
Bargaining Benchmarks | October 2022
Five benchmarks to help trade union negotiators enter bargaining processes as informed role players.
Inflation Monitor | September 2022
The headline annual inflation rate decreased to 7.5% in September 2022 from 7.6% in August 2022.
Inflation Monitor | August 2022
The headline annual inflation rate decreased to 7.6% in August 2022 from 7.8% in July
2022.
Inflation Monitor | July 2022
Annual consumer inflation increased to 7.8% in July 2022 from 7.4% in June. Transport, food and non-alcoholic beverages, and housing and utilities continue to place considerable pressure on the annual rate. Bread and cereals, oils and fats, fuel and electricity contributed notably to the reading in July.
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2 years ago
LRS Inflation Monitor | June 2022
Our simplified version of what is happening with inflation in South Africa.
Inflation Monitor | June 2022
The headline annual inflation rate increased to 7.4% in June 2022 from 6.5% in May 2022.
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2 years ago
Bargaining Benchmarks | July 2022
LRS Bargaining Benchmarks publication is for trade union negotiators. Our series of benchmarks will help the negotiator to enter into bargaining as an informed role player.
Bargaining Benchmarks | July 2022
LRS Bargaining Benchmarks is for trade union negotiators. Our series of benchmarks will help the negotiator to enter into bargaining as an informed role player.
Inflation Monitor | May 2022
The consumer price index accelerated to 6.5% in May 2022, from 5.9% in April.
Inflation Monitor | April 2022
The Consumer Price Index remained at 5.9% in April 2022, unchanged from March.
The Real Economy Bulletin | Q4 2021
Produced by Trade & Industrial Policy Strategies (TIPS), this edition of The Real Economy Bulletin provides trends and data for GDP growth; employment; international trade; investment; FDI projects; and insights on the impact of the Ukraine war on South Africa’s economy and how to foster inclusive use of electric vehicles.
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2 years ago
What is happening with inflation, and what does it mean for wage negotiations?
The trade union negotiator’s checklist for dealing with inflation in wage increases.
Inflation Monitor | March 2022
The headline annual inflation rate increased to 5.9% in March 2022, from 5.7% in February 2022. The Consumer Price Index (CPI) increased by 1.0% month-on-month in March 2022.
Inflation Monitor | February 2022
Annual consumer inflation held steady at 5. 7% in February 2022, unchanged from January. But food and transport prices put upward pressure on the monthly rate, with the Consumer Price Index (CPI) for the goods increasing by 0.6% between January and February.
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3 years ago
How to build a wage demand and calculate percentages and money amounts
This wage bargaining guide is for negotiators in all kinds of bargaining environments.
Inflation Monitor | January 2022
The Consumer Price Index eased to 5.7% in January of 2022, from a near five-year high of 5.9% in December. Prices slowed for transport and health but rose faster for food, housing and utilities.
Inflation Monitor | December 2021
The annual consumer price inflation was 5.9% in December 2021, compared with 5.5% in November. It’s the highest recorded annual rate since March 2017, when it increased by 6.1%. Transport prices increased by a massive 16.8%, on the back of rising petrol and diesel prices.
Inflation Monitor | November 2021
The Consumer Price Index increased to 5.5% in November 2021, compared with 5% in October. That’s the biggest annual increase in almost 5 years. The transport category contributed the most to the inflation in November, recording an annual increase of 15%.
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3 years ago
Bargaining Benchmarks | December 2021
Five bargaining benchmarks every trade union negotiator should know. The benchmarks will help you to enter bargaining processes as an informed role player.
Inflation Monitor | October 2021
The Consumer Price Index came out unchanged at 5% compared to September. Food and transport costs are the biggest contributors to the rate, with the transport index increasing by 10.9% in October 2021 compared with October 2020. And the SARB has raised its main lending rate by 25 basis points to 3.75%, meaning the prime lending rate of commercial banks will increase to 7.25%.
Inflation Monitor | September 2021
The headline inflation rose to 5% in September 2021 from 4.9% in August 2021. Food inflation is 7%, electricity 14%, and fuel almost 20%, with a large petrol price increase expected in November.
Inflation Monitor | August 2021
The term inflation means a sustained increase in the general level of prices of goods and services. The headline annual inflation rate increased to 4.9% in August 2021 from 4.6% in July 2021.
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3 years ago
Bargaining Benchmarks | September 2021
Our series of benchmarks will help trade union negotiators to enter into bargaining processes as informed role players.
Inflation Monitor | July 2021
The headline annual inflation rate declined to 4.6% in July 2021 from 4.9% in June 2021.
Inflation Monitor | June 2021
The headline annual inflation rate was 4.9% in June 2021, compared with 5.2% in May 2021.
Inflation Monitor | MAY 2021
The headline inflation rate in May 2021 accelerated to 5.2 % year on year. The prices of food, transport, public transport and administered prices continue to drive inflation. Remember that inflation statistics refer to the past twelve months, while wage increases refer to the months to come.
Inflation Monitor | April 2021
The headline annual inflation rate increased to 4.4% in April 2021 from 3.2% in March 2021. The Consumer Price Index (CPI) increased by 0.7% month-on-month in April 2021.
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3 years ago
Wage calculator – New LRS online tool for workers
Our new wage calculator will tell you how much a percentage increase is an amount of money and help you understand the effect of inflation on the wage increase.
Inflation Monitor | March 2021
The headline annual inflation rate increased to 3.2% in March 2021 from 2.9% in February 2021.
Inflation Monitor | February 2021
The headline inflation rate slowed to 2.9% in February 2021 from 3.2% in January 2021.
Bargaining Benchmarks | March 2021
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
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3 years ago
Bargaining Benchmarks | March 2021
Our series of benchmarks will help trade union negotiators to enter into bargaining processes as informed role players.
Inflation Monitor | January 2021
The headline annual inflation rate increased to 3.2% in January 2021 from 3.1% in December 2020. Food price slowed to 5.6%.
Inflation Monitor | December 2020
The headline annual inflation rate declined to 3.1% in December 2020 from 3.2% in November 2020. The Consumer price index increased by 0.2% month-on-month in December 2020.
Bargaining Benchmarks | December 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | November 2020
The headline annual inflation rate declined to 3.2% in November 2020 from 3.3% in October 2020. On a month-on-month basis the inflation rate came at 0% in November 2020 from 0.3% in October 2020.
Inflation Monitor | October 2020
The headline annual inflation rate went up to 3.3% in October 2020 from 3% in September 2020. On average, prices increased by 0.3% month-on-month in October 2020.
Inflation Monitor | September 2020
The headline annual inflation rate increased at a slower pace of 3% in September 2020 from 3.1% in August 2020. On average, prices increased by 0.2% month-on-month in September.
Bargaining Benchmarks | October 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | August 2020
The headline annual inflation rate slowed down to 3.1% in August 2020 from 3.2% in July 2020. On average, prices increased by 0.2% month-on-month in August 2020.
Inflation Monitor | July 2020
The headline annual inflation rate rose to 3.2% in July 2020 from 2.2% in June 2020. On average, prices increased by 1.3% month-on-month in July 2020.
Inflation Monitor | June 2020
The headline annual inflation rate rose to 2.2% in June 2020 from 2.1% in May 2020. On average, prices increased by 0.5% month-on-month in June 2020.
Bargaining Benchmarks | July 2020
Bargaining Benchmarks is a resource for role players in collective bargaining in South Africa.
Inflation Monitor | May 2020
The headline annual inflation rate decreases to 2.1% in May 2020 from 3% in April 2020. On average, prices increased by 0.6% month-on-month in May 2020.
Inflation Monitor | April 2020
The headline annual Inflation rate decreased to 3% in April 2020 from 4.1% in March 2020. On average, prices increased by 0.5% month-on-month in April 2020.
Inflation Monitor | March 2020
The headline annual inflation rate decreased to 4.1% in March 2020 from 4.6% in February 2019. On average, prices increased by 0.3% month-on-month in March 2020.
Inflation Monitor | February 2020
The headline inflation rate increased to 4.6% in February 2020 from 4.5% in January 2019. On average, prices increased by 0.1% month-on-month in February 2020.
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