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CFA Romania Macroeconomic Confidence Indicator up 5.6 points in October 2023

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CFA Romania Macroeconomic Confidence Indicator up 5.6 points in October 2023

The Macroeconomic Confidence Indicator of the CFA went up in October by 5.6 points to 53.0 points.

According to a CFA Romania press statement released on Friday, what happened is both components of the indicator advanced.

"Anticipations of economic growth resumption in 2024 amidst increases in public spending probably led to increased confidence in the economy. Also, the disinflationary process will continue, but at a much slower pace, with inflation being projected to remain above…

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