Romania Economic Sentiment Rises Slightly In September

Romania’s economic sentiment index edged slightly higher to 76.7 points in September, helped by minor gains in industry and construction sectors, a widely watched European Commission monthly survey showed Wednesday.

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In its latest business and consumer survey, the Commission said confidence in Romanian industry and construction inched up one point on the month to minus 8 and minus 39, respectively.

Consumer confidence also rose one point to minus 58 in September, while confidence in the retail trade sector fell to minus 15 points from minus 13 points a month earlier.

Confidence in the services sector was flat at minus 10 points, the data showed.

In the EU, economic sentiment increased 0.3 points to 103.4 in September, after a 0.6 points increase in August, the Commission said.

The eurozone economic sentiment indicator was up 0.9 points to 103.2 in September.

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