Mining production in South Africa shrank 1.5 percent from a year earlier in May 2019, the seventh consecutive month of decline and compared to market forecasts of a 2.5 percent slump. The largest negative contributors were: gold (-24.4 percent), diamonds (-30.7 percent), iron ore (-5.2 percent), and other metallic minerals (-9.8 percent). On the other hand, output growth was recorded for coal (8 percent), PGMs (6.8 percent), and manganese ore (29.3 percent). On a seasonally adjusted monthly basis, mining output increased by 3 percent, reversing a 1.8 percent fall in April. 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
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-13 09:30 AM Mining Production MoM -2.3% 4.2% -10%
2019-06-13 09:30 AM Mining Production YoY -1.5% -0.7% -0.75% -0.6%
2019-07-11 09:30 AM Mining Production YoY -1.5% -1.2% -2.5% -0.6%
2019-07-11 09:30 AM Mining Production MoM 3.0% -1.8% 1.8%
2019-08-08 09:30 AM Mining Production YoY -1.5% -1.8%
2019-08-08 09:30 AM Mining Production MoM 3.0% -0.5%
2019-09-12 09:30 AM Mining Production MoM -1.0%


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 28.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 46.20 45.40 60.87 35.09 [+]
Industrial Production 1.00 4.30 18.50 -23.20 percent [+]
Industrial Production Mom -1.50 2.50 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 216.00 173.00 511.00 63.00 Companies [+]
Total Vehicle Sales 45940.00 40430.00 65689.00 18482.00 [+]
Car Registrations 28885.00 26170.00 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 509.50 576.00 885.00 182.00 Thousand Tonnes [+]
Mining Production -1.50 -1.20 23.20 -17.40 percent [+]
Coincident Index 93.30 93.00 141.17 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 49.70 49.30 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 22069.00 20711.00 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 -24.40 -19.10 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.50 -1.20 23.20 -17.40 1981 - 2019 percent Monthly
NSA




Country Last Previous
Australia 3.20 Mar/19
Brazil -18.20 May/19
Canada -0.74 Apr/19
China 7.30 Jun/19
Euro Area -6.50 May/19
France 0.70 May/19
Germany -15.70 May/19
India 3.20 May/19
Italy -0.80 May/19
Japan -2.00 May/19
Mexico -8.90 May/19
Netherlands 0.10 May/19
Russia 2.80 May/19
Saudi Arabia 3.39 Sep/18
South Africa -1.50 May/19
South Korea -5.90 Mar/19
Spain 3.30 May/19
Switzerland 1.40 Mar/19
Turkey -2.50 May/19
United Kingdom 4.00 May/19
United States 10.00 May/19


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