Gfk: Romanians, among the pessimistic Europeans regarding economic evolutions in 2012

Romanians are among the European consumers that have pessimistic expectations regarding the evolution of the economy, incomes and purchasing power in 2012, according to the GfK survey ‘Consumer Climate Europe,’ which reveals that the new packages aimed at rescuing Greece raise the anxiety level in the European Union. During the last quarter of 2011, the expectations about the state of the economy were on a steep decline in most countries of the EU, except Spain, which was the only country where expectations about the state of the economy slightly improved, reads the survey.

The best figures of the indicator are found in Germany (-0.9 points) and Spain (-3.6 points). At the opposite end range Portugal (-54.7 points), Greece (-58.6 points) and the Czech Republic (-63 points). With -34 points, Romania is close to Poland (-38 points) and Italy (-39 points).

In their turn, income expectations are affected by the prospect of a growing unemployment rate and higher taxes. A significant decline of incomes is expected by Greeks (-65 points), Italians (-60.7 points) and French (-60.4 points). Romania ranks at the middle of the list, with -27 points, close to Bulgaria (-28) and the Czech Republic (-30). In terms of purchase intent, Italians are the most pessimistic Europeans, as they expect even harder times to come.

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