Romania’s CFA macroeconomic confidence index recovers in November

Romania’s CFA Macroeconomic Confidence Index rose in November, recovering part of the losses recorded earlier in October, but remained well below neutral levels on a downward medium-term trend, reflecting continued concerns over growth, inflation, and fiscal dynamics, according to a survey conducted among members of CFA Society Romania at the end of November.

The index increased by 6.8 points month on month to 37.0 on a zero to 100 scale, still far below the neutral threshold of 50. The sub-index measuring current conditions stood at 42.0 points, while expectations for the next 12 months lagged behind at 34.2 points, indicating persistent pessimism about the medium-term outlook.