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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.
A review of minimum wages in South Africa
Increases in the national minimum wage were above inflation from 2021 to 2023, resulting in real wage increases of 1.3% in 2021, 1% in 2022 and 2.6% in 2023. The National Minimum Wage Commission gazetted a medium-term target that requires increases above CPI for the lowest paid workers.
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.
Inflation Monitor | February 2023
A simplified version of the latest inflation data to support negotiators and the union’s bargaining process.
Bargaining Benchmarks | March 2023
Benchmarks to help union negotiators enter negotiations as informed players.
Wage Bargaining Review | 2023
The Wage Bargaining Review helps the trade union negotiator to track and compare the unions’ performance against set bargaining benchmarks. View the collective bargaining outcomes across industries for 2021 and 2022 and compare wage settlements in selected unions.