FNB says mining production decline extends into March [SOUND]

# FNB senior economist Thanda Sithole says mining production declined again in March by 2.8-percent year-on-year after falling by 9.7-percent year-on-year, previously -9.6-percent in February. He says this marked five successive months of annual decline. Sithole says seasonally adjusted mining output expanded by 3.5-percent month-on-month, reflecting a rebound from a 4.1-percent monthly decline, better than the previously recorded fall of 4.4-percent: