Moldova Industrial Output Growth Slows in May

2026-07-20 07:18 By Mariene Camarillo 1 min. read

Industrial production in Moldova rose 8.2% year-on-year in May 2026, easing from a downwardly revised 10.5% increase in the previous month.

This marked the lowest reading in three months as weaker growth in the manufacturing industry (7.6% vs 8.4% in April), particularly in the production of pharmaceutical products (11.9% vs 15.3%), electrical equipment (6.7% vs 22.5%), metal construction and products (32.5% vs 66.4%), and other industrial activities (10.6% vs 18.3%), while dairy products (-5.6% vs 5.9%) and printing and reproduction of recorded media (-9.4% vs 22.8%) recorded declines.

Additionally, activity decreased significantly for electricity, gas, steam, and air-conditioning supply (11.0% vs 36.1%).

Meanwhile, production grew for mining and quarrying (22.4% vs 13.4%).

On a monthly basis, industrial output increased by 1.9% in May, rebounding from a 11.7% decline in April.

In the January–May period, industrial production rose 7.2% compared to the corresponding period a year ago.



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Moldova Industrial Output Growth Slows in May
Industrial production in Moldova rose 8.2% year-on-year in May 2026, easing from a downwardly revised 10.5% increase in the previous month. This marked the lowest reading in three months as weaker growth in the manufacturing industry (7.6% vs 8.4% in April), particularly in the production of pharmaceutical products (11.9% vs 15.3%), electrical equipment (6.7% vs 22.5%), metal construction and products (32.5% vs 66.4%), and other industrial activities (10.6% vs 18.3%), while dairy products (-5.6% vs 5.9%) and printing and reproduction of recorded media (-9.4% vs 22.8%) recorded declines. Additionally, activity decreased significantly for electricity, gas, steam, and air-conditioning supply (11.0% vs 36.1%). Meanwhile, production grew for mining and quarrying (22.4% vs 13.4%). On a monthly basis, industrial output increased by 1.9% in May, rebounding from a 11.7% decline in April. In the January–May period, industrial production rose 7.2% compared to the corresponding period a year ago.
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Moldova Industrial Output Expands at Softer Pace
Industrial production in Moldova advanced 10.6% year-on-year in April 2026, easing from a downwardly revised 12.2% increase in the previous month. The slowdown is driven by a weaker growth in the mining industry (8.5% vs 12.6% in March) and manufacturing industry (13.4% vs 16.4%), particularly in the production of food products, textiles, paper and paper products, pharmaceutical products, and furniture. However, stronger growth in electricity, gas, steam, and air-conditioning supply (36.0% vs 9.5% in March) helped cushion the slowdown. On a monthly basis, industrial output eased 11.5%, following a 19.1% rise in March. In the January-April period, industrial production increased 7.0% compared to the preceding period.
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Industrial production in Moldova jumped 12.3% year-on-year in March 2026, rebounding sharply from an upwardly revised 2.6% decline in the previous month. This marked the biggest gain since October 2025, driven by a strong recovery in manufacturing output (12.7% vs -3.8% in February) and mining production (16.4% vs -37.6%), as well as a notable increase in electricity, gas, steam, and air-conditioning supply (9.5% vs 4.1%). Within the manufacturing industry, most subsectors contributed positively, led by fabricated metal products, except machinery and equipment (71.4% vs 13.0%), vegetable and animal oils and fats (62.7% vs -51.5%), and furniture (31.9% vs -11.2%). On a monthly basis, industrial output surged 19.1%, following a downwardly revised 2.3% rise in February. In the first quarter, industrial production grew 6.1%.
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