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

Moldova GDP Falls Further In Q4 (05 hr(s), 34 min(s), 37 sec(s) ago)
(RTTNews) - The Moldovan economy shrunk for a second straight quarter in the final three months of ...Full Story»

Croatia Prices Rise More Than Expected In February (05 hr(s), 54 min(s), 37 sec(s) ago)
(RTTNews) - Consumer prices in Croatia rose more than initially expected in February, but the rate ...Full Story»

U.S. Business Inventories Rise In Line With Estimates In January (06 hr(s), 38 min(s), 37 sec(s) ago)
(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the mon ...Full Story»

U.S. Homebuilder Confidence Slumps To Seven-Month Low In March (07 hr(s), 13 min(s), 37 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Monday showed a cont ...Full Story»

New York Manufacturing Activity Drops Significantly In March (07 hr(s), 29 min(s), 37 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing regional manu ...Full Story»

U.S. Retail Sales Rebound In February But Much Less Than Expected (07 hr(s), 32 min(s), 37 sec(s) ago)
(RTTNews) - After reporting a notable decrease by U.S. retail sales in the previous month, the Com ...Full Story»

Bulgaria Inflation Rises To 4.0%, Highest In 14 Months (08 hr(s), 36 min(s), 37 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation accelerated further in February to the highest ...Full Story»

New York Manufacturing Index Plunges Much More Than Expected In March (09 hr(s), 03 min(s), 37 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing regional manu ...Full Story»