CFA Romania's Codirlasu: Macroeconomic confidence indicator has dropped to levels only seen during pandemic

The Macroeconomic Confidence Indicator of the CFA Romania Association dropped 13.5 points in November, reaching a value of 31.4 points, due to extremely high political uncertainty. This is the lowest level recorded since July 2020.According to data from CFA Romania, this situation was caused by a sharp decline in both components of the indicator. Specifically, the expectations component decreased 12.1 points to 23.3 points, the lowest level since January 2019. At ...

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