EasyData Industry Service update

Following the August 2018 update to the EasyData Industry Service, we would like to highlight some important changes, additions and improvements to the Standardised Industry data set. This iteration of the Standardised Industry data set represents a major update and extension of our industry offering.

Key features of and changes to the updated data set include:

  1. An expansion of the data set from 46 to 91 sub-sectors:
    • Agriculture forestry and fishing are now shown as three separate sub-sectors.
    • Mining has been expanded from three to nine sub-sectors, with the focus on the most prominent mining products in the South African economy
    • Expansion of the manufacturing sector from 28 to 42 sub-sectors.
  2. Expansion of service-related sectors from nine to 21 sectors. A consistent industry-level view of the South African economy from 1993 through to 2017.
  3. All aggregated totals are consistent with national accounts and other official statistics.
  4. The inclusion of intermediate imports in the input-output views of the data. Please note that the imports of final goods and services can now be found under the Analysis section of the Standardised Industry data set.
  5. An expanded metadata and technical documentation section. Quantec is in the process of further expanding the technical documentation, in order to increase transparency with regards to the methodology employed in compiling and estimating the Standardised industry data set. These updates will be release periodically throughout the remaining part of 2018.

The previous iteration of the Standardised Industry data set remains available on the EasyData platform here. This data set spans from 1970 onwards, but it has become increasingly difficult to marry the current form of the national accounts published by Stats SA with this data set. Quantec has therefore deemed it prudent to discontinue the long-term series and in the future continue with the iteration of the data set starting in 1993. This allows us to ensure that the data remains consistent with the official national accounts data produced by Stats SA.

Lastly, due to a substantial lag in the release of the detailed sub-sector national accounting data by StatsSA, it is important to note that data for 2017 is estimated by Quantec. The estimations are based on a number of official sources, including data sets from Stats SA, the South African Reserve Bank (SARB) and the Department of Mineral Resources (DMR). Where possible, actual figures and aggregated totals are used.

For any queries regarding this updated data set, please do not hesitate to contact the Quantec team.

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