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December 9, 2022

ZEW: Romania’s economic outlook once again best in CEE

The financial analysts’ perception of the Romanian economy’s outlook in the next six months has returned to being the best in Central and Eastern Europe in July, against the backdrop of a slower worsening of expectations toward most of the states in the region, a ZEW – Centre for European Economic Research poll shows, Money.ro informs. In June Romania dropped to second place when it comes to economic outlook at six months, being surpassed by Hungary. The index that measures the analysts’ perception of the economic outlook in the next six months dropped 4.6 points to 21.2 points in the case of Romania. Hungary reported the steepest drop in the region, its index falling 20.4 points to 14 points. Turkey’s outlook improved slightly (+3 points), but remained the poorest in the region (-15 points). For Central and Eastern Europe the economic outlook index dropped 2.5 points to -5 points, the ZEW poll shows. The current economic situation places Romania on the last but one place in the region, ahead of Hungary. The relevant index for Romania dropped 2.3 points to 28.1 points, while the index for Hungary climbed by 1.7 points to -33.4 points. In Central and Easter Europe the economic situation evolved positively, the analysts believe, the index that measures the current situation growing by 8.2 points to 12.9 points.

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