Financial analysts’ confidence in the Romanian economy goes up

The financial analysts’ confidence in the Romanian economy increased in September compared to the previous month. This was due to the current economic conditions, according to the CFA Romania macroeconomic trust indicator. In September, the index reached 64.9, up 2 points compared to August. The component that evaluates current economic conditions amounted to 67.5, up 5.9 points, whereas the expectations indicator stayed at 70.9. The estimated inflation rate for the July 2015 –July 2016 period reached a median value of 1.25%, up 0.25 percentage points compared to the previous forecast. CFA Romania’s macroeconomic confidence indicator tries to quantify the analysts’ perception of Romania’s economy for one year. editor@romania-insider.com