Moldova Industrial Production Drops 0.7% in August to Six-Month Low
Moldova industrial production contracted by 0.7% year-over-year in August 2026, reversing a revised 7.2% expansion in July. The decrease marks the country's lowest annual performance since February. On a month-over-month basis, output dropped 12.4%, wiping out July's 7.6% increase.
A contraction in manufacturing output was the primary driver of the slowdown, falling 2.0% following a 6.2% gain in the previous month. Sector declines were led by beverages (-37.6%), machinery and equipment (-29.7%), motor vehicles (-29.0%), and electrical equipment (-22.5%). Mining and quarrying growth also decelerated sharply to 4.6% from 20.5%. However, electricity, gas, steam, and air conditioning supply provided support, rising 24.6%.
Despite August's decline, total industrial output increased 6.7% across the first eight months of 2026. Investors will watch coming monthly reports to see whether manufacturing output stabilizes or if utility production continues to mitigate overall losses.
Key points
- Moldovan industrial output fell 0.7% year-on-year in August 2026, down from a 7.2% rise in July.
- The monthly industrial production dropped 12.4% in August, reversing July's 7.6% gain.
- Manufacturing output shrank 2.0% annually, led by double-digit drops in machinery and vehicles.
- Utility output accelerated, rising 24.6% year-on-year compared to 18.3% in July.
- Cumulative industrial production rose 6.7% across the first eight months of 2026.
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How much did Moldova industrial output fall in August 2026?
Industrial production in Moldova decreased by 0.7% year-on-year in August 2026, down from a revised 7.2% increase in July. On a monthly basis, output dropped 12.4%.
Which sectors led the decline in Moldova industrial production?
The drop was driven by manufacturing, which fell 2.0% year-on-year. Key declines included beverages (-37.6%), machinery and equipment (-29.7%), and motor vehicles (-29.0%).
How has Moldova industrial output performed overall in 2026?
In the first eight months of 2026, Moldova industrial production grew by 6.7% compared to the same period in the previous year.