Industrial production in Moldova slipped 7.7 percent in August of 2020, following an upwardly revised 3.1 percent decline in the previous month. It marks the 6th straight month of falling industrial activity and faster than in July, due to a steeper decrease in manufacturing (-9.8 percent vs -4.4 percent in July). Meantime, output growth slowed for utilities (1.6 percent vs 5.9 percent) while production picked up for mining & quarrying (41.2 percent vs 15.7 percent). On a monthly basis, industrial activity shrank 3.9 percent, after a downwardly revised 4.8 percent rise in the previous month. Year-to-date, industrial production slumped 6.5 percent over a year ago.

Industrial Production in Moldova averaged 1.09 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 October 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.

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Moldova Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-7.70 -3.10 23.50 -30.10 2004 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 07:00 AM May -12.5% -25.4% -16.5%
2020-08-19 07:00 AM Jun -7.2% -12.8% -8%
2020-09-18 07:00 AM Jul -2.4% -6.6% -5%
2020-10-19 07:00 AM Aug -7.7% -3.1% -3%
2020-11-19 08:00 AM Sep -7.7% -4%
2020-12-21 08:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Moldova Industrial Output Falls Faster in August
Industrial production in Moldova slipped 7.7 percent in August of 2020, following an upwardly revised 3.1 percent decline in the previous month. It marks the 6th straight month of falling industrial activity and faster than in July, due to a steeper decrease in manufacturing (-9.8 percent vs -4.4 percent in July). Meantime, output growth slowed for utilities (1.6 percent vs 5.9 percent) while production picked up for mining & quarrying (41.2 percent vs 15.7 percent). On a monthly basis, industrial activity shrank 3.9 percent, after a downwardly revised 4.8 percent rise in the previous month. Year-to-date, industrial production slumped 6.5 percent over a year ago.
2020-10-19
Moldova Industrial Output Shrinks Less in July
Industrial production in Moldova fell 2.4 percent from a year earlier in July of 2020, following a downwardly revised 6.6 percent decline in the previous month. It marks the 5th straight month of falling industrial activity but at the softest pace since March, as manufacturing activity shrank less (-3.7 percent vs -8.3 percent in June). Meanwhile, mining (15.7 percent vs 14.6 percent) and utilities production (5.9 percent vs 6.4 percent) continued to rise solidly. In the first seven months of the year, industrial activity declined 6.3 percent over a year ago.
2020-09-18
Moldova Industrial Output Shrinks for 4th Month
Industrial production in Moldova fell 7.2 percent year-on-year in June of 2020, following an upwardly revised 12.8 percent drop in May. It marks the 4th straight month of falling industrial activity as the coronavirus crisis hit the manufacturing sector (-8.9 percent). In contrast, mining (14.6 percent) and utilities production (6.4 percent) rose. Considering the first half of 2020, industrial output went down 7 percent.
2020-08-19
Moldova Industrial Output Continues to Fall
Moldova's industrial production dropped 12.5 percent year-on-year in in May 2020, following an upwardly revised 25.4 percent slump in the previous month. It was the third consecutive decline in industrial output, amid the coronavirus crisis. Production continued to shrink in manufacturing (-13.4 percent vs -29 percent in April) and mining and quarrying (-14.8 percent vs -37.6 percent). Additionally, electricity, gas, steam and air conditioning supply output went down 0.9 percent, after rising 6.1 percent in April.
2020-07-20

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.