Industrial production in Moldova hiked 11.6 percent over a year earlier in May of 2021, sharply slowing from a 50.4 percent surge in April as the low base year effect diminished. Output rose the most in mining & quarrying activities (17.6 percent vs 71.5 percent in April), followed by production of utilities (12.3 percent vs 40.8 percent), and manufacturing activities (11.4 percent vs 51.6 percent). On a monthly basis, industrial output fell 14.7 percent, after a 5.6 percent decline in April. source: National Bureau of Statistics of the Republic of Moldova
Industrial Production in Moldova averaged 1.31 percent from 2004 until 2021, reaching an all time high of 50.40 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 July of 2021.
Industrial Production in Moldova is expected to be 3.00 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 1.00 in 12 months time. In the long-term, the Moldova Industrial Production is projected to trend around 0.80 percent in 2022 and 1.40 percent in 2023, according to our econometric models.