The macroeconomic confidence index measured by CFA Romania grew by 4 points in April compared with March.
Expectations regarding the EUR/RON exchange rate in the next 6 and 12 months stand at RON4.55 and RON4.6 to the euro, as 73% of certified financial analysts expect the leu to weaken within the next one-year period.
Analysts expect the average annual inflation rate at 1.65% for the next 12 months.
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).