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.

2021 wage bargaining review

This report describes wage outcomes in 2021 found in collective agreements collected by the Labour Research Service. The report aims to inform strategy development in trade unions.

Wage bargaining review | 2021

This report describes wage outcomes in 2021 found in collective agreements collected by the Labour Research Service. The report aims to inform strategy development in trade unions.

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.

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.

MNC Trends Report | 2021

The MNC Trends Report of the Labour Research Service provides information on the performance, operations and governance of 81 JSE-listed South African multinational companies. Trade unions use the information to improve their strategies for bargaining, alliance building and campaigns.

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%.

Trade Unions and Trade: A Guide to the African Continental Free Trade Agreement

Despite the complexities associated with the African Continental Free Trade Area (AfCFTA) and the risks for workers and communities within such large-scale trade liberalisation, trade unions lack a well-formulated policy position on the agreement. Trade Unions and Trade: A Guide to the African Continental Trade Agreement aims to assist unions in developing their policy positions and to engage with the AfCFTA processes with confidence.

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.

A decent standard of living costs R7 911

The Decent Standard of Living measure offers us a fresh way of looking at the living wage. This measure defines what makes a decent standard of living and it is made of the perceptions of our people. This measure is based on a set of 34 socially perceived necessities for a decent life. If you have these things, you have a decent standard of living.

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.

Resources for union facilitators and trainers

It’s proven that exercises and games activate our senses and increase creative learning of new concepts and understanding of ideas. Our collection of facilitation exercises will help trainers involved in participatory education activities for workers.

10 key findings from the 2021 Global Rights Index

Abuses of the right to strike, the right to establish and join a trade union, the right to trade union activities and civil liberties and the right to free speech and assembly are at an eight-year high, according to the ITUC’s annual Global Rights Index.

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.

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