July 20 (SeeNews) - Moldova's industrial production decreased by 5.5% year-on-year in the first five months of 2023, the National Bureau of Statistics, BNS, said on Thursday, quoting seasonally adjusted data.
According to unadjusted data, Moldova's industrial output fell 6.4% on the year in January-May, the statistical office said in a monthly update.
In May alone, industrial output fell by an unadjusted 7.4% on the year while decreasing by an adjusted annual 7.1%. BNS provided no month-on-month comparison.
Industrial production, breakdown by sector (y/y pct change, adjusted):
| |
May y/y |
Jan-May y/y |
| Industry (total) |
-7.1 |
-5.5 |
| Mining |
+7.2 |
+7.4 |
| Manufacturing |
-10.3 |
+3.8 |
| Utilities |
-1.8 |
-9.9 |
Source: BNS
Moldova's industrial production fell by an annual 4.3% in 2022.