According to the survey, over half of Romanians say they are worse off financially than they were a year ago, while one in ten says their financial situation is better.
Nevertheless, Romanians’ confidence reached its peak in 2012, the highest level since the start of the economic crisis. Romanians proved “sensitive” to electoral promises, which made them more optimistic, the survey also shows.
As regards financial perspectives, only 28% of Romanians believe things will take a turn for the worse, compared to December 2010 when more than half of Romanians had gloomy expectations.
Romanian consumer prices inched up 0.6% on the month in December 2012, while the annual inflation accelerated to 4.95% from 4.56% a month earlier, overshooting the upper limit of the central bank’s target range.
Romania’s central bank targets an annual inflation of 2.5% at the end of 2013, plus/minus one percentage point around the band.