CFA Society Romania's Macroeconomic Confidence Index advances 9pts in Dec 2023
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CFA Society Romania's Macroeconomic Confidence Index increased in December 2023 by 9 points, to 56.6 points.
According to a CFA Romania press statement released on Monday, the advance was due to an increase in both components of the indicator.
"High fiscal uncertainty as well as the anticipations of increasing taxation amidst a persistently high government deficit will lead to a significant slowing down of the disinflationary process. Thus, the participants in the survey anticipate a reduction in the inflation rate by less than one percentage point in the next 12 months," according to…
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