Financial News: Moldova GDP Falls Further In Q4

Moldova GDP Falls Further In Q4

03/17/2025 - 12:11:00 (RTTNews)

(RTTNews) - The Moldovan economy shrunk for a second straight quarter in the final three months of 2024 amid declines in output in the farming, manufacturing and construction sectors as well as lower exports and state spending, preliminary data from the statistical office showed on Monday.

Gross domestic product decreased an unadjusted 1.3 percent year-on-year after a 1.9 percent slump in the third quarter.

Economic output fell a seasonally adjusted 1.2 percent year-on-year following a 1.8 percent decline in the previous three months.

GDP edged up a seasonally adjusted 0.1 percent from the previous quarter when the economy shrunk 3.1 percent.

In the full year 2024, GDP grew an unadjusted 0.1 percent versus 1.2 percent growth in 2023. The economy expanded for the second year in a row.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Household Spending Rises 2.1% On Year In March (33 min(s), 21 sec(s) ago)
(RTTNews) - The average of household spending in Japan was up 2.1 percent on year in March, the Mi ...Full Story»

South Korea Has $9.14 Billion Current Account Surplus (08 min(s), 21 sec(s) ago)
(RTTNews) - South Korea posted a current account surplus of $9.14 billion in March, the Bank of Ko ...Full Story»

China Trade Data Due On Friday (56 min(s), 21 sec(s) ago)
(RTTNews) - China will on Friday release April figures for imports, exports and trade balance, hig ...Full Story»

Thirty-Year Bond Auction Attracts Below Average Demand (49 min(s), 21 sec(s) ago)
(RTTNews) - The Treasury Department finished off this week's series of announcements of the re ...Full Story»

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March (39 min(s), 21 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Thursday showing wholesale inventories in ...Full Story»

U.S. Labor Productivity Decreases For First Time Since 2022 (05 min(s), 21 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday showing a pullback by U.S. labor pr ...Full Story»

U.S. Weekly Jobless Claims Dip Slightly More Than Expected (21 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits saw a modest decline in the week ende ...Full Story»

Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns (59 min(s), 21 sec(s) ago)
(RTTNews) - The Bank of England reduced its interest rate by a quarter-point on Thursday, as polic ...Full Story»