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September 20, 2021

CFA: Macroeconomic confidence index posts slight decline

The macroeconomic confidence index recorded a slight decline of 0.4 points this September, down to 46.8 points, amid the evolution of the expectation component, shows a regular survey conducted by CFA (Chartered Financial Analysts) on the perception of the Romanian macroeconomic development.
The macroeconomic confidence index ranges between zero points (marking a lack of confidence) and 100 points (full confidence in the Romanian economy) and it is calculated on the basis of six questions about the current conditions relating the business climate and the labour market, the expectations for the business climate for one year, the personal income development in the economy and the personal wealth evolution.
The current business conditions index was 43.8 points, up 2 points compared to the value recorded in the previous survey, and the expectation index fell by 0.5 points, down to 48.4 points.
CFA Romania is the association of the investment professionals in Romania, who hold the Chartered Financial Analyst’s title, a qualification managed by U.S.-based CFA Institute. CFA Romania is one of the 136 member societies of CFA Institute. CFA Romania has over 140 member

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