A brief information regarding the socio-economic Situation of the Republic of Moldova in January-September 2008

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Gross domestic product in January-June 2008 summed up 28778 million lei, increasing with 5,4% compared to the corresponding period of the previous year.

A BRIEF INFORMATION REGARDING THE SOCIO-ECONOMIC SITUATION OF THE REPUBLIC OF MOLDOVA
in January-September 20081

The main indicators regarding the national economic activities in January-September 2007 are as follows:

  • Gross domestic product in January-June 2008 summed up 28778 million lei, increasing with 5,4% compared to the corresponding period of the previous year.
  • Industrial enterprises of all types of ownership, in January-September 2008 produced goods to the amount of 21776,9 million lei, in current prices. The volume index of industrial production in comparison with January-September 2007 constituted 102,8%. The situation in the industrial sector of the economy is determined mainly by the activities of the manufacturing of food products and beverages industry as well as the energy sector, the share of which in January-September 2008 constituted 38,6% and 10,3% in the total volume of production obtained from the enterprises with main industrial activities.
    More important increases of the volume of the industrial production were recorded by the enterprises with the following main activities: manufacture of cement, lime and gypsum; manufacture of wine; manufacture of distilled alcoholic drinks; manufacture of dairy products; steam and hot water supply; production and distribution of electricity; manufacture of bread and pastre products; production, processing and preserving of meat and meat products; mining and quarrying; manufacturing of rubber and plastics products; manufacture of furniture; manufacture of cocoa, chocolate and sugar confectionery etc.
    At the same time, the decrease of the volume of industrial production in the reporting period comparing with January-September 2007 of the following activities have been noticed: processing and preserving of fruits and vegetables; manufacture of paper and paperboard; manufacture of beer; manufacture of vegetable and animal oils and fats; manufacture of tobacco products; manufacture of articles of concrete, gypsum and cement; manufacture of glass and glass products etc.
  • Agricultural production obtained from all categories of households in January-September 2008, according to the preliminary estimations, summed up 12015,7 million lei, being 127,3% compared to the corresponding period of the previous year. The increase of agricultural production was determined by the increase of the production in plant growing with 76,9%, at the same time. Animal production decreased with 20,4%.
  • Investments in fixed capital at the expense of all financing sources conducted in the national economy in the reporting period totaled 9575,1 million lei, out of which 5625,5 million lei constituted construction-assembly works or respectively 9,0% and 5,2% more in comparison with January-September 2007. The implementation of dwellings increased with 8,0%.
  • Turnover of goods realized by the enterprises of railway, road, river and air transport in January-September 2008 increased with 8,4% as compared to January-September 2007. The volume of transported goods in this period has increased with 5,7%.
  • Number of transported passengers by all public transportation in the reporting period has increased with 8,9% as compared to January-September 2007, while the number of passengers has increased with 4,1%.
  • Retail sales of goodsthrough trade enterprises in January-September 2008 totaled 15375,6 million lei, 13,4% higher than the corresponding period of the previous year.
  • Paid services, provided to the population by officially registered units in the reporting period amounted 8205,4 million lei, or 0,6% more than in January-September 2007.
  • The export of goods in January-September 2008 amounted 1203,3 million US dollars with 30,4% more than in the corresponding period of 2007. The import of goods estimated 3672,0 million US dollars, 45,1% higher than in January-September 2007. The trade balance estimated a deficit of 2468,7 million US dollars, or with 861,1 million US dollars (with 53,6%) more than in the similar period of 2007.
  • The average monthly salary of an employee in the national economy in January-September 2008 amounted 245 lei or 24,7% more than in the corresponding period of the previous year. In the budgetary sector the average salary constituted 1902 lei, but in the real sector of economy - 2747 lei.
  • The number of the officially registered unemployed, according to the data of the National Agency for Labor Force Employment, on the 1st of October 2008 recorded more than 18,7 thousand persons. The number of unemployed persons, defined in accordance with the criteria of the International Labor Office (ILO), in the 2nd quarter of 2008, counted 43 thousand persons.
  • In September 2008, in comparison with August 2008, the rate of inflation constituted 0,6%, and 6,7% in comparison with December 2007 (in September 2007 in comparison with December 2006, the rate of inflation constituted 9,0%, and 14,1% in comparison with September 2006).

indicatori_macroeconomici_eng.jpg

1 Socio-economical data are presented without the data on enterprises and organizations from the left side of Nistru river and Bender municipality

The main macroeconomic indicators of the Republic of Moldova in January-September 2008*

Value incurrentprices

January-September 2008 in % compared to January-September 2007

September 2008 in % compared to September 2007

September 2008 in % compared to August 2008

January-September 2007 in % compared to January-September 2006

Volume of industrial production, mio. Lei1

21776,9

102,8

103,0

106,2

100,6

Agricultural production, mio. lei

12015,7

127,3

x

x

79,1

Investments in fixed capital at the expense of all financing sources, mio. lei

9575,1

109,0

х

х

128,7

      including construction-assembling works

5625,5

105,2

х

х

129,3

Implementation of dwellings (total area) at

the expense of all financing sources, thou.m2

378,5

108,0

х

х

107,4

Turnover of goods by transport enterprises total**, mio. tonne-km

3798,8

108,4

99,2

101,0

89,1

       of which:

       railway

2393,5

104,8

94,4

95,8

79,1

       road **

1403,9

115,1

106,3

108,7

116,8

Transported goods by transport enterprises total**, thou. tonnes

12988,9

105,7

88,6

97,8

112,0

       of which:

       railway

9119,5

105,5

95,4

92,6

109,0

       road **

3745,0

106,5

76,2

110,7

119,5

Retail sales of goods through trade

enterprises, mio. lei

15375,6

113,4

115,2

96,0

110,7

Stocks of goods at commercial units(as of October 1, 2007), mio. lei

4510,8

x

122,5

101,8

x

Paid services provided for the population

through officially registered units, mio. lei

8205,4

100,6

94,2

96,6

104,9

Export, mio. US dollars

1203,3

130,4

141,5

100,0

128,4

Import, mio. US dollars

3672,0

145,1

138,9

96,4

137,3

Deficit of trade balance, mio. US dollars

2468,7

153,6

137,5

94,5

142,9

Average monthly salary per employee in the national economy, lei

2457,9

124,7

117,1

95,5

121,7

Real salary per employee, %

x

109,2

105,8

94,9

108,8

Number of officially registered unemployed persons (as of October 1, 2007), thou. persons

18,7

82,4

82,4

97,4

93,5

Consumer Price Index

x

114,2

110,7

100,6

111,9

       foodstuff products

x

118,3

110,6

101,3

109,2

       non-foodstuff products

x

109,7

107,4

100,1

113,6

       services

x

116,5

116,3

100,7

114,9

* Estimated data
1 Including the volume of production calculated on individual enterprises

13.11.2008

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