Romania: Economic sentiment rises in February
Latest reading: Economic sentiment came in at 101.2 in February, up from January’s 99.6. As a result, the index moved above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected improved sentiment in the industrial sector and among consumers. Moreover, confidence in the retail and services sectors strengthened. Meanwhile, sentiment in the construction sector weakened.
Relating to indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in February.