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Moldova’s volume of industrial production decreased by 6.3% in January-July 2020 versus the same period in 2019

Moldova’s volume of industrial production decreased by 6.3% in January-July 2020 versus the same period in 2019

According to the National Bureau of Statistics, at the same time, in July 2020, the volume of industrial production decreased by 2.4% relative to the same month of the previous year. In general, in January-July 2020, compared to the same period in 2019, production volume in the extractive industry decreased by 3.2%, and in the processing industry - decreased by 6.3%. According to the NBS, in the first 7 months of 2020, food industry enterprises increased overall production by 8.4% versus the same period in 2019. There was a 7.7% decline in the beverage industry. The production of textile products decreased by 18.8%. Clothing production decreased by 14%. Tanning and finishing of leather; production of suitcases, bags, harness and saddlery; dressing and dyeing of fur recorded a decline of 2.4%, and wood processing and production of products from wood and cork, except for furniture; production of articles made of straw and other plant materials for plaiting registered a 29.4% decline. Production of paper and paper products decreased by 0.4%, while production of chemicals and chemical products increased by 33.3%. There was registered a 3% decline in the production of pharmaceutical products and drugs, and a 3.9% decline in the production of rubber and plastic products. In the metallurgical industry, production fell by 9%. The output of metal structures and products, except for machinery, equipment and installations, increased by 6.2%, computers, electronic and optical products - decreased by 37.1%. A 37.7% decline was registered in the production of electrical equipment. The production of machinery and equipment decreased by 28.9%, cars, trailers and semi-trailers - decreased by 40.8%. Furniture production decreased by 10.5%. In the repair, maintenance and installation of machinery and equipment, a decline of 21.8% was recorded. There was a 6.4% decrease in the production and supply of electricity and heat, gas, hot water. As previously reported, the National Bureau of Statistics of Moldova, since 2018, no longer provides data on the dynamics of the production of tobacco products, oil products, since this information is considered confidential. // 18.09.2020 - InfoMarket.

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