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October 28, 2020
BUSINESS

GfK: Slight recovery of the Romanians’ trust in the economy, in autumn

The people’s trust indicator, measured by the Consumer’s Trust Barometer, made by GfK, reported, in the autumn months, a slight recovery, after a “hot” summer, characterized by the lowest level of optimism in the past 10 years, however, the number of those sceptic about the general economic conditions remains high, and prospects are fairly bleak, a press release reads. If, in July, the “bleakest” month as regards the Romanians’ level of trust in their families’ chances of financial recovery, almost three quarters of the respondents considered these poorer than 12 months before, in the first autumn months, there are signs of a slight recovery – only approximately 7 out of 10 of the respondents remain as pessimistic. In September and October, 83 pc out of the respondents anticipate a rise in the unemployment rate and only 5 pc are optimistic about this. Almost 77 pc of the Romanians estimate prices will rise in 2011, while 83 pc experienced, during the past year, a rise in the inflation rate for most products.

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