About 57% Romanians Polled In Dec Believe Their Financial Situation Worsened Since ‘08

In September and November, an average 61% of Romanians considered their family’s financial situation was worse than in 2008, while in December their number decreased to 57%.

Regarding future financial expectations, 30% of Romanians said things would get worse, down over 10% compared to September and November.

Over three quarters of the respondents said the economy registered a fallback over the past 12 months, while 20% of them believed the economy would get back on track this year.

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Only two thirds of the respondents estimated prices will go up in 2010, compared to 70% a year before. In 2009, a monthly average of 85% of Romanians said the unemployment rate would increase over the following 12 months, while in December the ratio stood at 78%.

Besides, 57% of Romanians polled in December believe it was not the perfect time to invest in durable goods, and their number was constant compared to the annual average.

About 78% of the respondents said they could not save money, while 20% said they already accumulated debts.

The Consumer Confidence Barometer is a study co-financed by the European Commission and carried out weekly by GfK Romania on a sample of 1,000 people aged above 15.