How Much Beef Worth for 1kg South Africa
Making rands and sense of toll data
How much do South Africans pay for groceries? Stats SA has released a list with prices of 191 popular retail items with information going dorsum to 2017. The list holds some surprises.
Pulled from that list, each item in the graphic beneath has its own unique story. The national average toll of a loaf of white staff of life has wandered up and downward since January 2017, dropping to a low in Dec of that yr and peaking in May 2019. The average toll of R13,51 for a loaf in January 2020 was only 10c higher than iii years earlier. The price of mielie-repast (1 kg super maize) was 12,0% cheaper in January 2020 than it was at the first of 2017 (click on the graphic to enlarge).
Meat prices have increased notably. A kilogram of juicy rump steak is 15% more expensive than it was in January 2017.
If you lot are not a large meat eater just savour salads, you are probably joining the ranks of S Africans distressed at the current avocado shortage.1 As a seasonal fruit, avocado prices fluctuate markedly over the form of the year. The average price of a single avocado pear in June 2018 was R6,78. In January 2020, the price was R18,04 (ouch!). That'southward ane good thing about winter – avos are affordable.
Think of your ain grocery neb. What items practise you lot ofttimes purchase? In that location is a gamble that these might be included in this newly published price list that covers a range of nutrient, potable, medical, and toiletry products.
Previously available to researchers on request, Stats SA decided – from Feb 2020 onwards – to release the list to a wider audition on our website. To explore the information for yourself, download the CPI_Average Prices_All urban and CPI_Average prices_Provinces Excel files from the Consumer Price Index (CPI) release download page, nether the Time serial information section. One file covers national data while the other offers a provincial breakdown.
Want to impress your friends around the braai? Turn to the provincial data. Did y'all know that a bottle of whiskey is almost expensive in Northern Cape and cheapest in Eastern Cape? Gauteng is the nigh expensive province for cigarettes, bug spray, toothpaste and laundry soap, while instant noodles, tater crisps and custard are virtually expensive in Western Cape. Gratis State has the highest prices for eye drops and bubble bath. If you happen to live in KwaZulu-Natal, yous are paying the highest prices for deodorant.
What makes the boilerplate price list unique is that information technology provides the rand value of prices. Up until now, Stats SA has just published price data in the form of indices in the CPI release. Price indices might seem a little unsettling to those unfamiliar with statistics. Average price data provide an everyday, familiar sense of how much things actually cost.
Boilerplate prices are useful for poverty research too. A number of organisations use the list to compile national grocery baskets. Examples include baskets developed past the National Agronomics Marketing Council and Studies in Poverty and Inequality Institute.
If you are a data nerd, yous can build your own handbasket from the data if you like, choosing the items that yous commonly purchase and seeing how the total price compares with what yous really pay.
One important signal though. The primal word to keep in mind here is average. The figures are derived from price data used to compile the CPI release. Price collectors visit retail outlets every month to record thousands of prices for a broad range of consumer items. The price listed for an avocado pear is the national average of prices collected for a large number of avocados.
Go ahead, download the Excel files for January 2020 here and take a look!
1 Business Insider, At that place'south a shortage of avocados in South Africa – and you tin can expect to pay R25 for one, if you tin can find it, half dozen Feb 2020 (read here).
Like manufactures are available on the Stats SA website and can be accessed hither.
For a monthly overview of economic indicators and infographics, take hold of the latest edition of the Stats Biz newsletter here.
Source: http://www.statssa.gov.za/?p=13010
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