Mining News

South Africa backs GDP data despite missing mine statistics

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South Africa’s statistics agency maintains that its gross domestic product estimates for the second quarter will be credible amid plans to use an estimated value for missing mining data. “Although concerned about the delayed mining data, we are not concerned about the integrity of the GDP,” Statistics South Africa said Wednesday in an emailed response to questions. “We always indicate that the first estimate of each quarterly GDP is preliminary and may be revised when new/revised source data is available.”

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