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CFA Romania : The economic growth expected for this year is between 2% and 2.5%
The economic growth of Romania estimated for this year is situated between 2% and 2.5% against 4% three weeks ago, before the beginning of the conflict in Ukraine,stated Mihai Purcarea, member of the CFA Society Romania board, in a speciality event which presented a CFA Romania survey.
According to the survey, 23% of the interviewees expect an economic growth between 2.5% and 3% and 22% under 2%. 13% of the participants to the survey expect a growth of over 4%.
Asked about the expectations regarding the average inflation of this year, 31% of the participants expect inflation of over 10%, 27% an inflation covered between 9 and 10%, and 24% an average inflation of 8-9%.
When referring to the exchange rate, most participants to the survey (38%) estimated an exchange rate of 5-5.05 lei/euro on 31st December 2022, and 24% an exchange rate of 4.95-5 lei/euro.
The ROBOR/three months is expected to be between 4% and 5% on 31st December 2022 by 40% of the interviewees, between 5% and 6% by 31% interviewees and between 3% and 4% by 19% of the interviewees to the survey.
Similarly, the interests to the state bonds with maturity for 5 years are estimated at 5% - 6% on 31st December 2022 by 41% of the participants. 22% of the participants to the survey estimate values covered between 4% and 5% and also 22% values covered between 6% and 7%.
Almost half of the participants to the survey (46%) expect that BET-XT of the most liquid 25 bonds on the stock market to increase this year by 0%-10% and 30% estimate a drop between 0% and 10%.