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Real Economy from November 2013 (#42)

Publishing date: Monday, 02 December 2013
Views: 21661

Moldovan economy keeps recovering, but not quickly enough. In October, the Economic Leading Indicator (ELI) increased by 2 points compared to the previous month (98.9 compared to 96.9 points), highlighting a continuation of the ascending trend, followed during the current year. Nevertheless, compared to the recovery in 2010, the trend is much slower and volatile, revealing the existence of many risks, both external and internal, which slow down the economic growth and development.

Recovery is not inclusive, being distributed unevenly across the economic sectors. Although the amount of industrial output increased in Jan-Sep'13 by 6.3%, the branches that ensure about one third of the gross value added of the sector are still in recession compared to the previous year.

Tags: Natalia Chitii

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