The financial analysts’ confidence in the Romanian economy reached in April a new historical high.

The macroeconomic trust indicator increased by 2.6 points over the previous months, reaching 70.7, according to CFA Romania. This was due to the positive evaluations of the current economic situation, reports local Agerpres. The indicator is calculated on a scale from 0 to 100.

CFA Romania is the association of investment professionals in Romania. It launched its macroeconomic confidence indicator in May 2011, which quantifies the analysts’ perception of Romania’s economy for one year. CFA Romania has over 160 members.

editor@romania-insider.com