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Macroeconomic confidence index drops 2.1 points in October in CFA report

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CFA Romania's decreased by 2.1 points in October compared with the previous month, to 48.4 points, but it was up 5 points over the October 2017 index.

According to a CFA Romania press release, this development was the result of negative changes in the expectations component of the index.

Thus, the current conditions indicator increased marginally on a monthly basis by 0.3 points, to 62.5 points; compared with the same month of the previous year it increased by 3.4 points.

The expectations indicator decreased by 3.3 points, to 41.3 points (+…

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