CFA Society Romania Macroeconomic Confidence Index was firstly released by CFA Society Romania in May 2011 and represents an indicator that aims at quantifying anticipations of the financial analysts on economic activity in Romania for a time horizon of one year.
The Index takes values between 0 (no confidence) and 100 (complete confidence in the Romanian economy) and is calculated based on six questions regarding:
- Current Conditions - of business and labor market;
- Expectations about: business, labor market, the evolution of personal income and of personal wealth at the economy level.
Participants are members of CFA Society Romania and candidates for levels II and III of the CFA exams.