Industrial production in Moldova fell by 4.7% year-on-year in March 2023, following a downwardly revised 3.2% drop in February. It was the seventh consecutive month of declining industrial activity, though at a moderate pace. The main pressure came from a plunge in electricity, gas, steam & air conditioning supply (-15.5% vs 5% in February). On the other hand, output decreased slower for manufacturing (-1.1% vs -6.1%) and rebounded sharply for mining & quarrying (6% vs -19.4%). Monthly, industrial production soared by 14.7%, reversing a downwardly revised 5.2% fall in the previous period. In January to March 2023, it was 5.1% lower than a year ago. source: National Bureau of Statistics of the Republic of Moldova

Industrial Production in Moldova averaged 1.29 percent from 2004 until 2023, reaching an all time high of 50.90 percent in April of 2021 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 June of 2023.

Industrial Production in Moldova is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Moldova Industrial Production is projected to trend around 2.90 percent in 2024 and 3.60 percent in 2025, according to our econometric models.

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Moldova Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2023-04-20 07:00 AM Feb -4.9% -7.6% -5.3%
2023-05-19 07:00 AM Mar -4.7% -3.2% -1.2%
2023-06-20 07:00 AM Apr -4.7%


Related Last Previous Unit Reference
Industrial Production Mom 14.70 5.20 percent Mar 2023
Industrial Production -4.70 -3.20 percent Mar 2023
Manufacturing Production -1.10 -6.10 percent Mar 2023
Mining Production 6.00 -19.40 percent Mar 2023
Changes in Inventories 1678771.77 5806234.00 MDL Thousand Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-4.70 -3.20 50.90 -30.10 2004 - 2023 percent Monthly

News Stream
Moldova Industrial Output Falls at Moderate Pace
Industrial production in Moldova fell by 4.7% year-on-year in March 2023, following a downwardly revised 3.2% drop in February. It was the seventh consecutive month of declining industrial activity, though at a moderate pace. The main pressure came from a plunge in electricity, gas, steam & air conditioning supply (-15.5% vs 5% in February). On the other hand, output decreased slower for manufacturing (-1.1% vs -6.1%) and rebounded sharply for mining & quarrying (6% vs -19.4%). Monthly, industrial production soared by 14.7%, reversing a downwardly revised 5.2% fall in the previous period. In January to March 2023, it was 5.1% lower than a year ago.
2023-05-19
Moldova Industrial Output Shrinks for 6th Month
Industrial production in Moldova fell by 4.9% year-on-year in February 2023, following an upwardly revised 7.6% slump in the prior month. It was the sixth consecutive month of falling industrial activity, though at a more moderate pace. Production decreased for mining & quarrying (-19.4% vs -33.4% in January) and manufacturing (-8.7% vs -5.6%), but it rebounded for electricity, gas, steam and air conditioning supply (5% vs -10.7%). On a monthly basis, industrial production rose by 3.4% in February, following an upwardly revised 22.8% drop in the prior month. Considering the first two months of 2023, industrial production was 6.2% lower than a year ago.
2023-04-20
Moldova Industrial Output Continues to Fall
Industrial production in Moldova shrank 7.5 percent year-on-year in January 2023, following a 13.9 percent fall in the previous month. It was the fifth consecutive month of falling in the country's factory activity as production continued to decline in all sectors: mining & quarrying (-33.4 percent vs -19.5 percent in December), manufacturing (-5.5 percent vs -15.5 percent) and electricity, gas, steam & air conditioning supply (-10.7 percent vs -7.2 percent). On a monthly basis, industrial production sharply fell 22.7 percent in January, following a 1.6 percent drop in the previous month.
2023-03-20