Thus, Romania dropped to the second spot among CEE countries with respect for six-month expectations.
The index evaluating analyst expectations over the next six months has dropped 24.3 points for Romania in June, to 25.8 points. Romania was outranked by Hungary, whose index declined by just 11.1 points, to 34.4 points. Among CEE states, Turkey alone has a negative outlook (-18 points), according to the ZEW survey.
The index for the entire CEE region dropped by 23.4 points, to -2.5 points.
With respect for the current situation of the economy, Romania remained second to last in the region, ahead of Hungary. Romania’s index dropped 7.8 points, to -25.8 points, while Hungary’s index dropped 12.4 points, to -35.1 points. Aside from Romania and Hungary, Croatia is the only one with a negative rating, namely -15.1 points.
For CEE, the index of economic perception dropped 6.5 points, to 4.7 points.
Expectations on the evolution of the Bucharest bourse improved in June, as the index looking at the evolution of 10-share blue-chip tracker BET posted a 14.3-point increase, to 40.8 points. Thus, the Bucharest bourse ranks third in the region, after Hungary and Poland.
The outlook on the leu’s evolution against the euro has worsened, and the leu index dropped 11.4 points, to 20 points. Better expectations target Poland’s national currency (50 points), while Turkey’s coin gets the poorest rating (-2.3 points).