In its latest business and consumer survey, the Commission said confidence in Romanian services sector decreased by 7.8 points to minus 1.2 in August, from 6.7 points a month earlier.

Confidence in the industry sector was down 0.7 points on the month to minus 3.1, while retail and construction confidence declined 1.4 and 2.9 points, respectively.

However, consumer confidence improved to minus 40 points in August, from minus 44.8 points in July.

In the EU, economic sentiment decreased by 5 points to 97.3 points in August and by 4.7 points to 98.3 in the euro area.