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Survey: Romania posts lowest current economic situation indicator in Central and Eastern Europe

Romania continues to have the lowest indicator of the current economic situation in nine Central and Eastern European states surveyed by ZEW and Erste Bank.

The indicator reflecting the economic expectations for Romania decreases by 1.5 points to 25.7 points in June. The assessment of the current economic situation drops by 15.6 points to minus 63.4 points. Thus, Romania continues to post the lowest indicator in this category among all the other analysed countries, shows a survey conducted by ZEW (European Centre for Economic Research) and Erste Bank.

Regardless of the negative balances for the short term interest rates at minus 20.5 points and for the exchange rate between the Romanian currency and the euro at the minus 12.8 points threshold, the majority of the financial market experts see no changes in both of the categories, the survey shows.

The economic expectations in the CEE-region decrease by 14.8 points to 20.4 points in June. 40.9 percent of the financial market experts continue to expect an improvement of the business cycle in the CEE region within the next six months.

The CEE region observed in the survey consists of Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia and Slovenia.

Sursa: http://www.actmedia.eu

Tags: situation indicator points survey economic romania lowest current euro

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