Mining production in South Africa slumped 7.5% year-on-year in February 2019, following a 3.3% decline in January and beating market expectations of a 3.5% fall. It is the sharpest decrease in mining activity since March 2016 when it shrank 17.4%. Output fell for gold (-20.6% vs -22.8% in January); iron ore (-20.7% vs -27.7%); diamonds (-48.3% vs -36.9%); other non-metallic minerals (-13.5% vs 7%); chromium ore (-8.3% vs -7.9%); building materials (-4.7% vs 15.3%); coal (-1.8% vs -5.4%) and manganese ore (-1.5% vs 19.7%). Also, output slowed for platinum group metals (PGM) (17.8% vs 28.1%); nickel (20.2% vs 21.4%); other metallic minerals (9.1% vs 18.6%) while it grew further for copper (42.1% vs 40.8%). On a seasonally adjusted monthly basis, mining production went down 1.5%, after showing no growth in January. Mining Production in South Africa averaged -0.08 percent from 1981 until 2019, reaching an all time high of 23.20 percent in October of 2013 and a record low of -17.40 percent in March of 2016.

Mining Production in South Africa is expected to be -1.82 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in South Africa to stand at -1.40 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 1.20 percent in 2020, according to our econometric models.

South Africa Mining Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-14 09:30 AM Mining Production YoY -3.3% -4.1% -3.9% -5.2%
2019-03-14 09:30 AM Mining Production MoM 0.2% -1.6% -5.4%
2019-04-11 09:30 AM Mining Production MoM -1.5% 0.0% 0.3%
2019-04-11 09:30 AM Mining Production YoY -7.5% -3.3% -3.15% -3.0%
2019-05-09 09:30 AM Mining Production MoM -1.5% -6%
2019-05-09 09:30 AM Mining Production YoY -7.5% -12%
2019-06-13 09:30 AM Mining Production YoY -4.5%


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 31.00 92.00 12.00 Index Points [+]
Manufacturing PMI 45.00 46.20 60.87 35.09 [+]
Industrial Production 0.60 0.90 18.50 -23.20 percent [+]
Industrial Production Mom -1.80 -1.60 9.10 -8.70 percent [+]
Capacity Utilization 81.40 81.30 86.20 76.90 percent [+]
Changes in Inventories -53932.00 14456.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 146.00 139.00 511.00 63.00 Companies [+]
Total Vehicle Sales 47718.00 43251.00 65689.00 18482.00 [+]
Car Registrations 30348.00 27000.00 42915.00 5155.00 [+]
Leading Economic Index -1.80 -0.60 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Steel Production 528.40 521.20 885.00 182.00 Thousand Tonnes [+]
Mining Production -7.50 -3.30 23.20 -17.40 percent [+]
Coincident Index 91.80 93.40 141.17 88.12 Index Points [+]
Competitiveness Index 60.76 60.86 60.86 4.31 Points [+]
Competitiveness Rank 67.00 62.00 67.00 35.00 [+]
Composite Pmi 48.80 50.20 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 19196.00 20909.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 23.00 [+]


South Africa Mining Production

This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Mining Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7.50 -3.30 23.20 -17.40 1981 - 2019 percent Monthly
2010=100, NSA




Country Last Previous
Australia 6.10 Sep/18
Brazil -9.90 Feb/19
Canada -0.13 Jan/19
China 4.60 Mar/19
Euro Area -5.60 Jan/19
France 6.50 Feb/19
Germany -14.40 Feb/19
India 2.00 Feb/19
Italy -1.50 Feb/19
Japan -1.40 Feb/19
Mexico -6.43 Feb/19
Netherlands 1.80 Feb/19
Russia 4.30 Mar/19
Saudi Arabia 1.95 Jun/18
South Africa -7.50 Feb/19
South Korea 6.50 Nov/18
Spain -13.70 Feb/19
Switzerland -6.00 Dec/18
Turkey -4.70 Feb/19
United Kingdom 4.90 Feb/19
United States 10.50 Mar/19


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