Mining production in South Africa increased 0.8 percent from a year earlier in February of 2021, following an upwardly revised 8.4 percent slump in the previous month. It was the first month of growth in mining activity since February of last year. The largest positive contributions came from iron ore (65.7 percent vs -5.6 percent in January); manganese ore (21.6 percent vs 23.6 percent) and other non-metallic minerals (12.6 percent vs -20.2 percent). On a seasonally adjusted monthly basis, mining production rose 3.8 percent, after a downwardly revised 3.9 percent advance in the previous month. source: Statistics South Africa
Mining Production in South Africa averaged -0.33 percent from 1981 until 2021, reaching an all time high of 23.20 percent in October of 2013 and a record low of -49.30 percent in April of 2020. This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Mining Production - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Mining Production in South Africa is expected to be -10.00 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 2.50 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 2.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.