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CFA Romania estimates 4.8663 lei/euro exchange rate, average inflation rate of 3.52pct in next 12 months

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Most CFA Romania analysts estimate a depreciation of the leu-euro exchange rate in the following 12 months, worth 4,8663 lei, and an anticipated average inflation rate of 3.52 per cent, according to data released on Monday concerning the Macroeconomic Confidence Indicator for November.  this year, the Macroeconomic Confidence Indicator of the CFA increased by 2.5 per cent from last month, up to 56.9 points. Also, the same indicator increased by 12.6 points compared with the same interval of 2018. 

The current conditions component of the Indicator increase…

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