The anticipated rate of inflation for the 12-month period (November 2026) dropped against the value registered in the previous month and reached 6.26% and 75% of respondents expect inflation to decline in the next 12 months from its current value.
“It is worth noting that, for the first time in this inflationary episode, inflation expectations for the next 12 months fell against the previous exercise,” says Adrian Codirlasu, CFA Romania Association President.
As regards the EUR/RON exchange rate, around 83% of respondents expect the Romanian currency to depreciate in the next 12 months. Thus, the average value of anticipations for the next 6 months is RON5.1410 per euro, with RON5.2045 per euro expected for the 12-month period.
With regard to the evolution of housing prices in cities, 54% of respondents expect stagnation in the next 12 months. Also, 67% of respondents believe current prices are overvalued and 33% that they are accurately assessed.
The anticipated budgetary gap for the current year registered the average value of anticipations of 8.3% in GDP. For 2026, the anticipated budgetary gap is 7%.
Economic growth expectations for 2025 went down against the previous survey and are at the average value of 0.6%. For 2026, the economy is expected to grow below 1%.
Public debt calculated as a percentage in GDP is forecast to rise to 62% in the next 12 months.
(English version by Catalina Apostoiu)