Macroeconomic Confidence Indicator in sharp decline in April, inflation estimated at 5.73 pct in next 12 months

  The Macroeconomic Confidence Indicator of the CFA Romania Association decreased by 12.3 points to 47.1 in April this year, with 59% of the organisation's analysts expecting a reduction in the inflation rate in the next 12 months, compared to 75% in the previous year."After the correction recorded in previous months by the expectations component, the current conditions component has also declined substantially. Thus, both the confidence indicator and its ...

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