Industrial production in Moldova declined 7.9 percent year-on-year in September 2020, the same as in the previous month. It was the seventh consecutive month of falls, as manufacturing output continued to fall (-10.5 percent vs -9.9 percent in August). On the other hand, production rose further for both electricity, gas, steam & air conditioning (24.1 percent vs 1.6 percent) and mining & quarrying (16.6 percent vs 41.2 percent). On a monthly basis, industrial activity climbed 13.9 percent, rebounding from a 4 percent slump in August. source: National Bureau of Statistics of the Republic of Moldova
Industrial Production in Moldova averaged 1.04 percent from 2004 until 2020, reaching an all time high of 23.50 percent in April of 2013 and a record low of -30.10 percent in April of 2009. This page provides - Moldova Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Moldova Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Industrial Production in Moldova is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Moldova to stand at 3.00 in 12 months time. In the long-term, the Moldova Industrial Production is projected to trend around 2.00 percent in 2021 and 1.40 percent in 2022, according to our econometric models.