Romania: Economic sentiment decreases in April
Latest reading: Economic sentiment fell to 100.9 in April from March’s 102.7. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected weaker sentiment in the industrial sector and among consumers. Moreover, confidence in the retail and services sectors waned. That said, sentiment in the construction sector improved slightly.
Considering indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in April.