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Mining production rose by a modest 0.7% y/y in April

Creamer Media Online Writer
Mining production rose by a modest 0.7% in April, after declining by -4.8% year-on-year – revised from -5.8% year-on-year – in March, data published by Statistics South Africa (Stats SA) shows. Commenting on the statistics, Investec economist Lara Hodes says output was weaker than consensus expectations of a 1.1% year-on-year increase in production.

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