Romania: Economic sentiment falls in February
Economic sentiment came in at 101.3 in February, down from January’s 102.2. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected languished sentiment in the industrial, retail and services sectors. However, sentiment in the construction sector improved. Lastly, consumer confidence remained unchanged in February.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index increased in February.