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Expectations regarding the evolution of Romania’s economy improved slightly in March but still pessimistic
Expectations regarding the Romanian economy evolution over the next six months improved in March against the previous month,but they remain pessimistic, the ZEWErste Group Bank indicator for business trust showed.
Thus, the indicator for Romania went up by two points against the previous survey, but it still is under zero, at -37.6 which indicates the fact that expectations for the worsening of the economic situation are more better spread than expectations for improvement.
The study was made between 27 February – 16 March among financial experts
In connection with expectations regarding the Romanian economy, 43.8% out of the intervieweed ones expect the worsening of the situation, 50% anticipate the situation will stay the same and only 6.2% estimate an improvement of the situation.
All the states in the region – Austria, Croatia, the Czech Republic, Hungary, Poland and Romania – are negative, but the perspectives of the Romanian economy are the worst. For Austria, the indicator of expectations connected to the economic evolution is – 18.7 up by 5.3 points against the previous survey, Croatia is – 14.9, the Czech Republic – 25.9, Hungary – 20.7 and Poland – 23.2.
As regards the present situation, Romania has the second lowest percentage, of -59.7 only Hungary having a lower score of -68.7 which represents the difference between the percentage of those who appreciate the situation as good and those who consider it as bad.
In exchange, in connection to other indicators, expectations improved in all states in the region. In the case of Romania, most experts expect a drop in inflation ( -28.9), increase of the stock exchange indicator BET ( +10.4) and appreciation of the leu ( + 10.6).