Moldova s industrial production wanes in 2009

Moldova's industrial production shrank 26.3 percent to $302.5m (at the current exchange rate set by the National Bank of Moldova) in January-February 2009 compared with the same period a year earlier. The National Bureau of Statistics linked the drop to lower output in the mining industry (down 65.5 percent), as well as in the secondary industry (down 27.8 percent) and the energy sector (down 10.4 percent).