Romania: Economic sentiment rises in November
Latest reading: Economic sentiment went up to 94.1 in November, following October’s 91.9. That said, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In November, sentiment improved in the industrial sector (-2.2 vs -2.7 in October), the services sector (+0.4 vs -1.2 in October), the retail sector (-2.7 vs -7.3 in October) and among consumers (-29.7 vs -30.5 in October). In contrast, sentiment worsened in the construction sector (-10.9 vs -10.8 in October).