The financial analysts’ confidence in the Romanian economy dropped in June compared to May, when it reached an all-time high. In June, the index reached 70.8 after it amounted to 77.1 in May.

The drop was due to the lowering expectations on the economic evolution in the following period, according to the CFA Romania macroeconomic trust indicator. The perception of the current economic situation, however, reached a new record of 67.5 points.

The index is calculated based on the component that evaluates current economic conditions and the component that calculates expectations. CFA Romania launched its macroeconomic confidence indicator in May 2011, trying to quantify the analysts’ perception of Romania’s economy for one year.

Romania’s economy is flying high

Financial analysts’ trust in Romania reaches historical high

editor@romania-insider.com