Moldova Q2 2026 forecast: steady growth expected
Economic activity in Moldova is projected to remain relatively stable in the second quarter of 2026. This outlook stems from the latest business tendency survey conducted by the National Bureau of Statistics (NBS). Corporate managers anticipate modest gains in sales revenues and prices, alongside a slight contraction in the workforce.
The survey reflects the short-term economic sentiment of business executives. It serves as a forward-looking indicator for the national economy between April and June 2026.
Manufacturing leads optimism
The manufacturing sector reports the most optimistic outlook for the upcoming quarter. Managers expect a notable improvement in economic conditions and overall business performance.
Forecasts indicate a net positive balance of 16% regarding economic health and sales revenue. This suggests strong executive confidence in both domestic and international demand, positioning manufacturing as a primary economic driver for Q2.
Services sector remains cautious
The trade and services sectors display a more reserved but steady trajectory. Business owners expect operations to maintain current levels without major fluctuations.
However, these sectors anticipate further price adjustments in the near term. This trend is largely driven by ongoing operational costs and broader market dynamics affecting profit margins.
Labor market pressures persist
The Moldovan labor market continues to face sustained pressure. Executives predict a moderate decrease in employee numbers over the coming months.
This trend highlights ongoing corporate caution regarding workforce expansion. It also reflects existing recruitment challenges and a strict focus on cost efficiency in an uncertain economic climate.
Translation by Iurie Tataru
