Moldova Industrial Output Slows in January

Industrial production in Moldova fell 2.5% year-on-year in February 2026, slipping from a downwardly revised 8.0% increase in the previous month. This marked the lowest level of industrial activity since January 2025, as output declined in the manufacturing sector (-3.7% vs 5.2% in January), driven by steeper drops in beverages (-16.1% vs -13%), chemicals and chemical products (-20.9% vs -4.8%), computer, electronic, and optical products (-68.8% vs -38.9%), electrical equipment (-28.3% vs -7.9%), machinery and equipment (-39.6% vs -0.6%), and furniture (-10.9% vs -7.9%). Output growth in electricity, gas, steam, and air-conditioning supply also moderated sharply to 4.1% from 21.5%. Meanwhile, production in mining and quarrying contracted at a softer pace (-36.6% vs -63.7%). On a monthly basis, industrial output increased 2.4% in February, rebounding from a 25.4% fall in the preceding month. Considering the first two months of the year, industrial production grew 2.4%.

Industrial production in Moldova rose 8.6% year-on-year in January 2026, easing from a 9.3% increase in the previous month. Growth in the manufacturing sector slowed (5.9% vs 19.3% in December 2025), with softer output in food products (16.3% vs 28%), beverages (-13% vs 79.6%), textiles (15% vs 29.1%), rubber and plastic products (0.9% vs 28.7%), and electrical equipment (-7.9% vs 6.1%). Production also declined sharply in mining and quarrying (-63.4% vs 42.8%). Meanwhile, activity recovered in electricity, gas, steam, and air-conditioning supply (21.5% vs -8.4%). On a monthly basis, industrial output plunged 25.2%, reversing a 13.7% increase in the previous period and marking the weakest reading since January 2022.

Industrial production in Moldova rose 9.3% year-on-year in December 2025, easing from an upwardly revised 11.8% increase in the previous month. This marked the softest growth in industrial activity since August, as output eased in the manufacturing sector (19.3% vs 19.6% in November), particularly in food products (28% vs 58%) and computer, electronic, and optical products (1.5% vs 14.9%). Meanwhile, production in mining and quarrying rebounded sharply to 42.8% from a 2.5% drop in the previous month. Electricity, gas, steam, and air-conditioning supply also fell at a slightly slower pace (-8.4% vs -9.8%). On a monthly basis, industrial output increased 13.7% in December, accelerating from an upwardly revised 8.3% rise in the preceding month. Considering the full year 2025, industrial production grew 5.4%.