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.
The mining and quarry sector recorded the highest percentage increase on actual wages in Q1 of 2022, at 8%. View our snapshot of wage settlements in selected sectors of South Africa’s economy.
Trade Unions Going Green booklet seeks to encourage unions to initiate campaigns to address environmental issues in the workplace. The booklet will help to put unions in a position to engage in dialogue for sustainable development policies, while representing the interests and needs of workers.
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.
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.
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.