Industrial production in Moldova decreased 1 percent year-on-year in December 2019, after an upwardly revised 4.5 percent drop in the previous month. Output fell at a softer pace for electricity, gas, steam and air conditioning supply (-17.2 percent vs -17.3 percent in November) and rebounded for manufacturing (3.1 percent vs -2.2 percent). On the other hand, output declined for mining & quarrying (-2.8 percent vs 10.5 percent). On a monthly basis, industrial production jumped 4.0 percent, recovering from a 4.0 percent slump in November.
Industrial Production in Moldova averaged 1.41 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. This page provides - Moldova Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Industrial Production in Moldova is expected to be 5.50 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 1.70 in 12 months time. In the long-term, the Moldova Industrial Production is projected to trend around 1.70 percent in 2021 and 1.80 percent in 2022, according to our econometric models.