Economic Reality No. 33
Automatically translated summary. The full text is available in Romanian.
The 33rd issue of Economic Reality, published by the Independent Think Tank “Expert-Grup” in Chișinău, reviews recent developments in the Moldovan economy. It examines the Composite Leading Indicator, which has edged up over the last two months, and what this may mean for the months ahead.
The Composite Leading Indicator has risen slightly over the last two months. This could be a positive signal of a possible gradual improvement in the economic situation over the next 4-6 months.
In reality, however, the Moldovan economy has performed rather negatively, which is reflected in the worsening of most of the indicators that make up the index. Only the 23% increase in remittances came as a positive surprise. Although it points to the persistence of an unsustainable, consumption-based growth model, it can be regarded as a positive development in the short term.
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