By bne IntelliNews The industrial output index in Moldova (chart) contracted by 6.1% y/y in November, after it posted encouraging growth rates of +8.2% in October and +1.5% in September, according to data released by the statistics bureau BNS. The misleading positive signals sent in September and October reflected base effects after industrial activity was sharply reduced last winter (2022-2023) to save on natural gas consumption. With slightly more affordable and accessible natural gas in the autumn of 2023, companies afforded a slightly higher production. But the 6.1% decline in November, on…