Breaking News

South Africa Mining Production

Latest Release

Sep 12, 2024

Actual

-1.4%

-3.6%

Statistics South Africa (Stats SA) publishes monthly mining production indices and mineral sales based on the information furnished by the Department of Mineral Resources and Energy (DMRE). The results of this survey are used to calculate the volume of mining production indices in order to estimate the gross domestic product (GDP) and its components, which in turn are used to develop and monitor government policy.

Importance:

Country:

Currency: ZAR

Source:

Release Date	Time	Actual	Forecast	Previous
Sep 12, 2024 (Jul)	11:30	-1.4%		-3.6%
Aug 13, 2024 (Jun)	11:00	-3.5%		1.3%
Jul 11, 2024 (May)	11:30	0.0%		1.4%
Jun 13, 2024 (Apr)	11:30	0.7%		-4.8%
May 14, 2024 (Mar)	11:00	-5.8%		10.3%
Apr 11, 2024 (Feb)	11:30	9.9%	3.5%	-2.8%

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Analysis

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The Rand began last week much like it ended the previous one, with a steady, gradual increase in strength. Despite weak South African mining and unemployment data, the Rand closed at R18.08 against...

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