Moldova industrial output rises in May
Industrial production in Moldova rose by 13.2% year-on-year in May, the highest since January and compared to a 10.4% fall in the previous month, economic portal Trading Economics reported citing data from the Chişinău-based National Bureau of Statistics (NBS).
According to the report, production rebounded sharply or all sectors. Manufacturing grow by 14.2% (vs -3.9% in April) while mining and quarrying rose 3.9% (vs -10.2%).
Additionally, electricity, gas, steam, and air conditioning supply increased 5.9% (vs -48.9%).
On a monthly basis, industrial production increased 9.1%, rebounding sharply from a 21.5% drop in April.
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