FX.co ★ Moldova Industrial Output Growth Strongest in 3 Years

In May 2025, Moldova experienced an 11.7% year-on-year increase in industrial production, building on a revised rise of 1.1% in April. This marks the third consecutive month of industrial growth, indicating the most substantial expansion since May 2022. The surge was primarily fueled by heightened output in the manufacturing sector, which soared by 12.4% compared to a decline of 5.1% in April, as well as a 4.4% rise in the mining sector, a recovery from the previous month's 2.1% decrease. Conversely, the production growth for electricity, gas, steam, and air conditioning supply decelerated markedly to 7.2%, following an unprecedented high of 88.1% in April. On a month-to-month basis, total industrial production in May rebounded robustly with a 2.1% increase, sharply recovering from a 20.9% decrease observed in the previous month.