Financial News: Moldova Industrial Output Falls 3.4%

Moldova Industrial Output Falls 3.4%

02/19/2025 - 03:30:00 (RTTNews)

(RTTNews) - Moldova's industrial production declined for the fifth successive month in December amid a sharp contraction in manufacturing output, figures from the National Bureau of Statistics of the Republic of Moldova showed on Wednesday.

Industrial output dropped an unadjusted 3.4 percent year-on-year in December, slower than the 4.0 percent decline in the previous month.

Manufacturing production alone plunged by 14.2 percent from last year, while the extractive industry logged a strong growth of 13.4 percent.

The slowdown in the decline in overall production was also attributed to a 27.2 percent jump in utility sector output.

On a series-adjusted basis, industrial production declined 2.9 percent in December.

During the year 2024, total industrial production fell 1.1 percent compared to 2023, led by a 4.5 percent decrease in production in the manufacturing industry.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Fed's Daly Says Policymakers Can Wait For More Clarity Around Trade Policies (14 min(s), 37 sec(s) ago)
(RTTNews) - The Federal Reserve can make more reductions as projected earlier but policymakers sho ...Full Story»

Slovenian Producer Prices Rise 1.2% (31 min(s), 37 sec(s) ago)
(RTTNews) - Slovenia's producer prices increased for the second straight month in March, figur ...Full Story»

Italy Construction Output Grows Most In 6 Months (23 sec(s) ago)
(RTTNews) - Italy's construction output expanded for the second straight month in February and ...Full Story»

Italy Trade Surplus Shrinks In February (01 hr(s), 55 min(s), 23 sec(s) ago)
(RTTNews) - Italy's foreign trade surplus decreased in February from a year ago as imports gre ...Full Story»

Moldova Producer Price Inflation Rises To 4.7% (02 hr(s), 42 min(s), 23 sec(s) ago)
(RTTNews) - Moldova's producer prices increased for the third straight month in March and at a ...Full Story»

Malaysia Economic Growth Eases, Trade Surplus Grows (03 hr(s), 52 min(s), 23 sec(s) ago)
(RTTNews) - Malaysian economic growth eased further in the first quarter of 2025 amid a contractio ...Full Story»

Japan Nationwide Inflation Climbs 3.6% On Year In March (50 min(s), 37 sec(s) ago)
(RTTNews) - Overall consumer prices in Japan were up 3.6 percent on year in March, the Ministry of ...Full Story»

Japan Inflation Data Due On Friday (16 min(s), 37 sec(s) ago)
(RTTNews) - Japan will on Friday release March figures for national consumer prices, highlighting ...Full Story»