Mining production in South Africa shrank 4.2 percent from a year ago in June 2019, following a 1.5 percent decrease in the prior month and beating market expectations of a 2.1 percent fall. Output decreased for the eighth consecutive month and the most since February. The largest negative contributors were: gold (-16 percent); diamonds (-33.2 percent) and PGMs (-6.3 percent). In contrast, gains were recorded for manganese ore (24.6 percent); other metallic minerals (43.3 percent) and other non-metallic minerals (14.8 percent). On a seasonally adjusted basis, mining production rose 3.3 percent, after an upwardly revised 3.1 percent in the previous month. Mining Production in South Africa averaged -0.10 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 -1.60 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 1.30 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 1.40 percent in 2020, according to our econometric models.

South Africa Mining Production
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-07-11 09:30 AM Mining Production YoY May -1.5% -1.2% -2.5% -0.6%
2019-07-11 09:30 AM Mining Production MoM May 3.0% -1.8% 1.8%
2019-08-08 09:30 AM Mining Production MoM Jun 3.3% 3.1% -1.0%
2019-08-08 09:30 AM Mining Production YoY Jun -4.2% -1.5% -2.1% -2.0%
2019-09-12 09:30 AM Mining Production MoM Jul 3.3% -1.0%
2019-09-12 09:30 AM Mining Production YoY Jul -4.2% -0.7%
2019-10-10 09:00 AM Mining Production YoY Aug -1.4%


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 52.10 46.20 60.87 35.09 [+]
Industrial Production -3.20 0.40 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 -1.90 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories -11587.00 -53932.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 163.00 216.00 511.00 63.00 Companies [+]
Total Vehicle Sales 46077.00 45940.00 65689.00 18482.00 [+]
Car Registrations 29477.00 28885.00 42915.00 5155.00 [+]
Leading Economic Index 0.70 -0.70 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 454.30 509.50 885.00 182.00 Thousand Tonnes [+]
Mining Production -4.20 -1.50 23.20 -17.40 percent [+]
Coincident Index 92.00 93.30 141.17 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 48.40 49.70 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21923.00 22069.00 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 [+]
Gold Production -16.00 -24.30 75.70 -47.10 percent [+]


South Africa Mining Production

In South Africa, the index of the volume of mining production is a statistical measure of the change in the volume of production. Coal is the most important sector and accounts for 24 percent of total mining production, followed by PGMs (23 percent); gold (16 percent); iron ore (12 percent); other non-metallic minerals (6 percent); diamonds (4 percent); manganese ore and chromium ore (3 percent each); other metallic minerals, building materials and nickel (2 percent each), and copper (1 percent). 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.20 -1.50 23.20 -17.40 1981 - 2019 percent Monthly
NSA




Country Last Previous
Australia 3.20 Mar/19
Brazil -16.30 Jun/19
Canada -0.89 May/19
China 6.60 Jul/19
Euro Area -6.50 May/19
France 2.60 Jun/19
Germany -19.30 Jun/19
India 1.60 Jun/19
Italy -0.80 May/19
Japan -7.60 Jun/19
Mexico -5.60 Jun/19
Netherlands -13.10 Jun/19
Russia 3.00 Jul/19
Saudi Arabia 3.39 Sep/18
South Africa -4.20 Jun/19
South Korea -5.90 Mar/19
Spain 4.80 Jun/19
Switzerland 1.40 Mar/19
Turkey 4.80 Jun/19
United Kingdom 2.80 Jun/19
United States 5.50 Jul/19


Related

Latest