Moldova Industrial Output Drops Sharply in September

Manufacturing

Industrial production in Moldova shrank 13.4% year-on-year in September, following an upwardly revised 4.1% growth in the previous month, economic streamline Trading Economics said citing data released by the Chişinău-based National Bureau of Statistics (NBS).

Production declined in all sectors, namely mining and quarrying (-21.9% vs -1.1% in August), manufacturing industry (-13.6% vs 4.6%), and electricity, gas, steam & air conditioning supply (-5.4% vs 0.6%).

On a monthly basis, industrial production went up 2.4% in September, following an upwardly revised 1% hike in August.

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