Romania: Economic sentiment rises in May
Latest reading: Economic sentiment increased to 91.7 in May, following April’s 91.2. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In May, sentiment brightened in the industrial sector (-2.6 vs -3.2 in April), the construction sector (-11.4 vs -12.1 in April) and among consumers (-32.1 vs -34.9 in April). In contrast, sentiment worsened in the services sector (-4.0 vs -1.8 in April) and the retail sector (-4.1 vs -3.4 in April).