The current conditions index dropped 2.3 points and reached 75 points, while the expectations index fell by 5.4 points to 54.5 points.
Expectations regarding the EUR/RON exchange rate in the next 6 and 12 months stand at RON4.5 to the euro, while inflation rate is seen at 1.5% in the next 12 months, CFA Romania said in a press statement issued on Thursday.
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).