The Macroeconomic Confidence Indicator of the CFA Romania Association decreased in March 1.4 points to 51.6 points, a situation that was due to the divergent evolution of the two components of the indicator: the increase of 5.2 points for current conditions and, at the same time, the decrease of 4.7 points for expectations that have a horizon of 12 months.According to a press release from the association, the anticipated inflation rate for the 12-month horizon (April 2025) averaged 5.33%. At the same time, more than 75% of participants anticipate a reduction in the inflation rate over the next 12 months.As regards the EUR/RON exchange rate, around 88% of participants anticipate a depreciation of the leu in the next 12 months and the rest a stagnation. Thus, the average value of expectations for the 6-month horizon is 4.9961 lei for one euro, while for the 12-month horizon, the average value of the anticipated exchange rate is 5.0419 lei for one euro."Although, in the short term, due to the inflow of public money, confidence in the economy is growing, for the 12-month horizon, given the macroeconomic imbalances and high fiscal uncertainty, confidence in the economy has declined," said CFA Romania vice president Adrian Codirlasu.Regarding the evolution of residential property prices in the cities, most of the participants, 44% expect a stability in the next 12 months, while 38% expect an increase in prices. Also, 62% of participants believe that current prices are overpriced, while 38% believe that they are correctly priced.The projected state budget deficit for 2024 is expected (average value of expectations) to be 5.4%, and economic growth is expected to be 2.7%.Public debt, calculated as a percentage of GDP, is expected to increase to 53% in the next 12 months.In the March exercise a survey was also conducted on the evolution of the inflation rate in the coming years as well as on the evolution of the monetary policy interest rate. Thus, 29% of survey participants expect the first interest rate cut in May 2024 and 36% expect the first interest rate cut in July 2024. As for the inflation rate entering the target range (1.5% - 3.5%), 56% of participants anticipate it will happen in 2025, while 25% anticipate that this will happen in 2026.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
