South Africa’s mining output declines 9.1% y/y in July

Mining production decreased by 9.1% year-on-year in July, with the largest negative contributors being other nonmetallic minerals and chromium ore sector. Other non-metallic minerals contributed -2.8 percentage points to the decline with an overall decrease of 44.9% in output, while chromium ore decreased by 32.5% and contributed -1.4 percentage points.