Moldova Industrial Production Plunges in April

Manufacturing

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Industrial production in Moldova plunged by 10.7% year-on-year in April, following a marginally revised 4.6% drop in March, economic portal Trading Economics reported citing data from the National Bureau of Statistics (NBS).

Output fell markedly for manufacturing (-17.6% vs -0.9% in the previous month) and mining & quarrying (-31.7% vs 6%).

On the other hand, activity rebounded for electricity, gas, steam & air conditioning supply (60.5% vs -15.5%). Monthly, industrial production dived 30.6%, reversing a prior 14.8.% rise. 

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