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Diamonds, gold drags mining output down 1.5%

On the manufacturing side, SA’s output was bolstered by food and beverages.

While mining production made a 1.5% decline year-on-year in May, mostly owing to a slump in gold production, manufacturing for the same time increased by 1%. It’s less than what the market had hoped for, but still a positive print. Lullu Krugel, an economist at PwC discusses the latest production figures with Nompu Siziba.

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