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). Industrial Production in Moldova averaged 1.38 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 1.70 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 1.80 percent in 2020, according to our econometric models.