Economic expectations for Romania fell 4.6 points to 21.2 points in July, after a decrease of 24.3 points a month earlier, the survey noted. However, the decline was less steep compared to neighbor Hungary, which lost 20.4 points and the number one position.
In Central and Eastern Europe, economic expectations on a six-month horizon dropped 2.5 points to minus 5 points in July.
ZEW-Erste Group Bank’s monthly survey includes responses from analysts in Romania, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Serbia, Slovakia, Slovenia and Turkey.