Moldova's industrial production growth slowed to 8.5 percent year-on-year in October 2019 from a downwardly revised 9.2 percent jump in the previous month. Output rose slightly less for manufacturing (10.6 percent vs 10.7 percent in September) while there were contractions in mining & quarrying (-12 percent vs -14.5 percent) and electricity, gas, steam and air conditioning supply (-5.2 percent vs -1.6 percent). On a monthly basis, industrial activity grew 11 percent, following a 15.8 percent surge in the prior month. Industrial Production in Moldova averaged 1.45 percent from 2004 until 2019, 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.

Industrial Production in Moldova is expected to be 8.00 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 2.00 in 12 months time. In the long-term, the Moldova Industrial Production is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Moldova Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
8.50 9.20 23.50 -30.10 2004 - 2019 percent Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-09-19 07:00 AM Jul 5.9% -2.2% 0.9%
2019-10-21 07:00 AM Aug 0.5% 5.8% 2.1%
2019-11-19 08:00 AM Sep 9.3% 0.4% 6.5%
2019-12-20 08:00 AM Oct 8.5% 9.2% 10.2%
2020-01-20 08:00 AM Nov 8.5% 5.5%


News Stream
2019-11-19
Moldova Industrial Output Surges in September
Moldova's industrial production growth picked up to 9.3 percent year-on-year in September 2019 from a revised 0.4 percent in the previous month, boosted by a jump in manufacturing output (10.9 percent vs 1.6 percent). On the other hand, there was a contraction in mining & quarrying (-14.5 percent vs -32.1 percent) and electricity, gas, steam and air conditioning supply (-1.6 percent vs 1.4 percent). On a monthly basis, output climbed 15.8 percent, following a 2.4 percent increase in August.

2019-10-21
Moldova Industrial Output Growth Eases Sharply to 0.5%
Moldova's industrial production increased 0.5 percent from a year earlier in August 2019, following an upwardly revised 5.9 percent surge in the previous month, as output grew much less for manufacturing (1.7 percent vs 6.6 percent in July) and electricity, gas, steam and air conditioning supply (1.4 percent vs 4.0 percent). In addition, the mining sector shrank the most in over a year (-32.1 percent vs -9.7 percent). On a monthly basis, industrial production increased 2.5 percent, after showing no growth in the previous month. Considering the January to August period, industrial output advanced 1.8 percent compared to the same period a year ago.

2019-09-19
Moldova Industrial Output Rebounds Firmly
Moldova's industrial production jumped 5.9 percent from a year earlier in July 2019, reversing a 2.2 percent contraction in the previous month, boosted by a rebound in manufacturing output (6.6 percent vs -2.9 percent). Meanwhile, electricity, gas, steam and air conditioning supply rose at a slower pace (4 percent vs 16.4 percent) while mining and quarrying continued to fall (-9.7 percent vs -19.8 percent).

2019-08-19
Moldova Industrial Output Falls for 2nd Month
Industrial production in Moldova decreased 2.2 percent year-on-year in June of 2019, following an upwardly revised 5.7 percent fall in the previous month. It was the second straight monthly decline in industrial activity, as output continued to drop for manufacturing (-2.9 percent from -5.6 percent in May) and mining & quarrying (-19.8 percent from -17 percent). On the other hand, production rebounded for electricity, gas, steam & air conditioning supply (16.4 percent from -2.6 percent). On a monthly basis, industrial production rose 1.8 percent, rebounding from a 3.7 percent decrease in May.

2019-07-19
Moldova Industrial Output Slumps 5.4% YoY in May
Industrial production in Moldova decreased 5.4 percent year-on-year in May of 2019, down from a 12.3 percent jump in the previous month. It was the first decline in industrial activity since January, as output fell for all main categories: manufacturing (-5.3 percent from 12.2 percent in May); electricity, gas, steam & air conditioning supply (-2.6 percent from 9.6 percent) and mining & quarrying (-17 percent from 29 percent). On a monthly basis, industrial production fell 5.1 percent, after a 4.7 percent drop in May.

2019-06-19
Moldova Industrial Output Growth at 1-Year High of 12.3%
Industrial production in Moldova jumped 12.3 percent year-on-year in April 2019, after rising 0.9 percent in the previous month. It was the strongest gain in industrial activity since April last year. Output grew faster for manufacturing (12.2 percent vs 4.1 percent in March), in particular the production of computer, electronic and optical products (227.8 percent vs -40.6 percent) and pharmaceuticals (69.9 percent vs -15.6 percent); and it rebounded sharply for utilities (9.6 percent vs -17.3 percent). Meanwhile, production slowed for mining & quarrying (29 percent vs 164.7 percent). Considering the January to April period of 2019, industrial production grew 4.1 percent over a year ago.


Moldova Industrial Production
In Moldova, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Moldova Business Last Previous Highest Lowest Unit
Industrial Production 8.50 9.20 23.50 -30.10 percent [+]
Industrial Production Mom 15.80 2.40 25.90 -43.60 percent [+]
Manufacturing Production 10.90 1.60 31.70 -31.90 percent [+]
Mining Production -14.50 -32.10 245.00 -73.30 percent [+]
Steel Production 25.00 40.00 104.00 0.00 Thousand Tonnes [+]
Corruption Index 33.00 31.00 36.00 21.00 Points [+]
Corruption Rank 117.00 122.00 123.00 63.00 [+]
Ease of Doing Business 48.00 47.00 108.00 44.00 [+]
Changes In Inventories 3352258.60 -349067.70 3352258.60 -1606895.00 MDL Thousand [+]
Competitiveness Index 56.75 55.53 56.75 3.86 Points [+]
Competitiveness Rank 86.00 88.00 94.00 82.00 [+]