The current conditions index fell by 5.6 points and reached 77.3 points on the month in November, while the forecast index increased by 3.2 points to 59.8 points.
Expectations regarding the EUR/RON exchange rate in the next six and 12 months stand at RON4.5 and RON4.51 to the euro, respectively, while inflation rate is seen at 1.85% in the next 12 months, down 0.15% compared with the previous year, CFA Romania said in a press statement issued on Tuesday.
CFA Romania Macroeconomic Confidence Index was launched in May 2011 and aims to evaluate financial analysts’ expectations regarding the economic activity in Romania for a one-year horizon.
The macroeconomic confidence index is calculated on a scale ranging from zero (no confidence) to 100 points (full confidence in the Romanian economy).