Moldova: Industrial production volume in January-October 2023, compared to the same period of 2022, decreased by 3.9%.
The National Bureau of Statistics reported this without giving data in value terms. According to the agency, at the same time in October 2023 industrial production increased by 8.1%, compared with the same month of the previous year. As noted, the 8.1% increase in production in October 2023, compared to October 2022, was due to an increase in manufacturing (+8.1%) and production and supply of electricity, as well as heat, gas, hot water and air conditioning (+16.2%), which provided an increase in total industrial production by 7.3% and 1.1%, respectively. At the same time, production in the extractive industry decreased (-12.4%), which led to a 0.3% decrease in production in the industry as a whole. On the whole, in January-October 2023, compared to the same period of 2022, the production volumes in the extractive industry decreased by 9.7%, in the processing industry - by 5.4%. At enterprises producing electricity, heat, gas, hot water and air conditioning, the growth amounted to 5.3%. According to statistics, in January-October 2023, compared to the same period of 2022, growth was noted in the following segments: beverage production (+0.6%); production of pharmaceutical products and pharmaceuticals (+22.3%); production in the metallurgical industry (+23.9%); production of computers, electronic and optical products (+9.2%); production of electrical equipment (+69%); production of machinery and equipment (2.9 times growth). At the same time, the volume of production at the enterprises of food industry decreased (-12.9%); production of textile products (-9.2%); clothing (-16.1%); paper and paper products (-12.7%); chemicals and chemical products (-30.3%); rubber and plastic products (10.4%); metal structures and products, except machinery, equipment and installations (-3.9%); cars, trailers and semi-trailers (-13.3%); furniture (-9.1%). In the section "tanning and finishing of leather; manufacture of suitcases, bags, saddlery; dressing and dyeing of fur" the decline amounted to 11.5%; in the section "processing of wood and manufacture of wood and cork products, except furniture; manufacture of products made of straw and other plant materials for weaving" - a decline of 0.5%; in the section repair, maintenance and installation of machinery and equipment - a decline of 2.8%. As previously reported, since 2018, the National Bureau of Statistics of Moldova no longer provides data on the dynamics of production of tobacco products, petroleum products, as this information is considered confidential. // 20.12.2023 – InfoMarket
