The Economic Sentiment Indicator in the Romanian economy climbed 1.5 points, from 99.8 points in September to 101.3 points in October. Compared to August, the indicator fell 1.2 points in September.

Confidence rose in all five economic sectors included in the EC survey, with the biggest growth in retail (2.9 points) and industry (1 point). Consumer confidence improved 3.4 points, but remains in negative territory, at minus -26 points.

In the euro area, business sentiment rose 0.8 points in October, from 99.9 in September to 100.7 points, while sentiment in the EU rose 0.5 points, to 104 points.