The macroeconomic confidence index recorded an increase of 2.6 points in April 2015 from the previous month, hitting 70.7 points, which is a new record, shows data referred this Monday to AGERPRES by CFA Romania.
The macroeconomic confidence index is calculated on a scale ranging from zero (no confidence) to 100 points (full confidence in the Romanian economy), based on six questions concerning the current conditions in the business environment and the labor market, and one-year ahead expectations for the business milieu, the labor market, the evolution of personal incomes referenced to the economy and the evolution of personal wealth.
The increase was mainly due to the current conditions of the index. Thus, the current conditions index was 59.8 (historic record), up 6 points compared to the value registered in the previous survey period, and the expectations index also increased up to 76 (new record), by 0.9 points over the March level. More…