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Dec 24, 2007 11:10 EEST
December 24 (SeeNews) - Moldova's industrial output fell by a real 1.9% year-on-year in January to November, official figures showed on Monday.
Industrial production dropped by 7.1% in January to November 2006 as compared to the same period a year earlier.
Calculated in current prices, Moldova's industrial output through November was 23.7 billion lei ($2.1 billion/1.5 billion euro), the country's statistics bureau said in a statement.
Wine production fell by 31.7% as the sector failed to recover from an eight-month Russian ban on Moldovan wine imports last year. Russia used to be the biggest market for Moldovan wine exports before the ban which it introduced in March last year.
Ex-Soviet Moldova has forecast 7.0% industrial output growth for 2007. Its output fell 6.9% last year.
(1 euro=16.2499 Moldovan lei)
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