Mining production in South Africa rose 2.4 percent from a year ago in July 2019, following a downwardly revised 4.1 percent fall in June and below market forecasts of a 4.2 percent increase. It was the largest gain in mining output since June last year, as production rebounded for coal (8.6 percent vs -1.3 percent in June); PGMs (2.7 percent vs -6.3 percent); iron ore (-23.7 percent vs -1.9 percent); building materials (0.6 percent vs -1.9 percent) and nickel (18.9 percent vs -13.1 percent). Additionally, other metallic minerals output advanced further (46.3 percent vs 43.4 percent). Also, production dropped less for gold (-13.1 percent vs -16 percent); chromium ore (-5.7 percent vs -3.8 percent) and copper (-23.8 percent vs -40.6 percent). On a seasonally adjusted basis, mining output went down 3.8 percent, after a downwardly revised 3 percent gain in the prior 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
2019-08-08 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 YoY Jul 2.4% -4.1% 4.2% -1.0%
2019-09-12 09:30 AM Mining Production MoM Jul -3.8% 3% 2.7%
2019-10-10 09:00 AM Mining Production YoY Aug 2.4% -1.4%
2019-10-10 09:00 AM Mining Production MoM Aug -3.8% -3.5%
2019-11-14 09:30 AM Mining Production MoM Sep -1.0%


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 21.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 45.70 52.10 60.87 35.09 [+]
Industrial Production -1.10 -3.60 18.50 -23.20 percent [+]
Industrial Production Mom 0.40 -1.90 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.40 86.20 76.90 percent [+]
Changes in Inventories 25999.00 -13686.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 183.00 163.00 511.00 63.00 Companies [+]
Total Vehicle Sales 45537.00 46077.00 65689.00 18482.00 [+]
Car Registrations 29075.00 29477.00 42915.00 5155.00 [+]
Leading Economic Index -0.40 -1.50 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 464.40 454.30 885.00 182.00 Thousand Tonnes [+]
Mining Production 2.40 -4.10 23.20 -17.40 percent [+]
Coincident Index 89.10 92.00 141.17 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 48.40 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 22530.00 21923.00 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 -13.10 -16.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 -4.10 23.20 -17.40 1981 - 2019 percent Monthly
NSA




Country Last Previous
Australia 6.50 Jun/19
Brazil -8.80 Jul/19
Canada 0.12 Jun/19
China 3.70 Aug/19
Euro Area -8.40 Jul/19
France -2.00 Jul/19
Germany -19.30 Jun/19
India 4.90 Jul/19
Italy 0.30 Jul/19
Japan -0.70 Jul/19
Mexico -7.46 Jul/19
Netherlands -13.10 Jun/19
Russia 3.10 Aug/19
Saudi Arabia 7.30 Dec/18
South Africa 2.40 Jul/19
South Korea -2.90 Jul/19
Spain -1.40 Jul/19
Switzerland -1.00 Jun/19
Turkey 7.80 Jul/19
United Kingdom -1.60 Jul/19
United States 5.10 Aug/19


Related

Latest