The confidence of Romanian individual investors in the local economy improved slightly in 2023, but it is still low: 62% of those polled are pessimistic regarding the dynamics of Romania’s economy, down from 69% in March 2022, according to a survey carried out by the investment platform eToro, quoted by Economica.net.

The outcome of the survey is consistent with the profile of the polled sample (eToro investors): above-average revenues, safe jobs and not much interest/expertise in macroeconomics or fundamental analysis.

The vast majority of investors are confident about their jobs (78%) and income and standard of living (76%).

The twin deficit issue or the technical recession prospects are not among their concerns: they are most concerned about rising inflation (shelf prices), international conflicts (war in Ukraine), and a potential recession of the global economy.

Overall, the survey reveals very optimistic expectations regarding the return on investment portfolios in 2023, with 90% of those polled saying it will be a profitable year, while only 6% expect losses.

iulian@romania-insider.com

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