WOOD Flash – Romania macro: slightly louder inflationary signals
In May, the business surveys signalled a broadening of the economic recovery, similarly to the rest of Europe, although the pace of improvement was more noticeable in April than in May. Industrial sector expected orders moderated mildly over the month, as in the construction sector, but the pricing expectations in both have begun to rise more rapidly recently. A similar pattern of accelerating pricing expectations was also visible in services and retail, which may be important early signs that Romania is shifting from an easing/moderate inflation phase into a more inflationary one.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
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