Bureau for Economic Research: The impact of the recession on the living standards and spending patterns of South Africans
Aug 30th 2011, 12:04
How has the recession impacted on South Africans and their spending patterns? An analysis of the SAARF LSM groupings from the Bureau for Economic Research (BER) provides a number of interesting insights.
The analysis includes:
• Background information
• SAARF’s Living Standard Measure (LSM) defined
• Current 29 LSM variables
• The impact of the recession on the living standards of South Africans, as measured by SAARF’s LSM groupings.
• Why did the recession not lead to an outright deterioration in living standards as measured by the LSM groupings?
• How does the other consumer income and spending data from AMPS compare with official statistics?
• Concluding remarks
Barker and Quin, South Africa’s leading producer of premium natural tonic water, has joined the Michelangelo International Wine & Spirits Awards as a headline trophy sponsor.
Chakalaka is a uniquely South African favourite. Born out of the townships of SA it’s a delicious, spicy dish made with onions, tomatoes and often beans. It has been a staple at the family dinner table for generations and is usually served hot or cold, over pap, with meat dishes, bread and more recently in favourites like stews, pastas, and baked pies.
Around the World, 17th June is observed as ‘Eat Your Vegetables Day’ and is one more opportunity to remind everyone that veggies are an essential part of a healthy lifestyle. They come in every shape and colour of the rainbow and everyone has their favourite! We can all agree that vegetables are versatile, can be added to any meal and are important for daily consumption as they’re a vital source of nutrients.
Chivas is shaking up the Scotch whisky category with the launch of Chivas XV - a 15-year-old blend that challenges conventions around how and when to enjoy Scotch whisky.
Try these recipes
A delicious favourite gets a nutritious twist that’s guaranteed to keep your loved ones both happy and healthy. Serves 10.
Layers of chicken, red onion and mushroom in a creamy béchamel sauce. A super dish for entertaining or taking with you on holiday.
A rich and creamy baked cheesecake heaped with a deep red, fresh raspberry sauce.
Banters at your braai? This Steakhouse Classic picanha with broccoli and Asian dressing is a definite winner.
Business confidence at factories tumbles
04/04/2016 - 12:11
Manufacturing business confidence has tumbled to a six-year low, suggesting that output and job creation in the sector will struggle to improve significantly this year and economic growth will suffer.
Manufacturing outlook turns corner as PMI shows expansion
02/02/2012 - 15:21
The outlook for manufacturing has unexpectedly leapt into positive territory. Data out yesterday showed the seasonally adjusted Kagiso purchasing managers index (PMI) rebounded strongly to 53.2 last month from 49.4 in December. This is the highest level since June last year and above the 2011 average of 52.1.