Half of Romanians believe their financial situation this year has worsened (survey)

Half of the Romanians believe that their financial situation this year has worsened compared to last year, and 43% estimate that they will do worse in the next period, according to a survey conducted by CEC Bank in partnership with the bank comparator FinZoom.ro, Agerpres reports.

As for the next period, 42.3% believe they will make it worse in the future and only 28.3% expect their financial situation to improve, and 29.3% do not expect changes to occur.

Asked if they exchanged money at the beginning of March, in order to have currency in cash in the house, 20% of the respondents say that they did so, given that the Romanian market faced an increase in the demand for foreign currency cash in the first days after the outbreak of the armed conflict in Ukraine.

The main concern for the next period is the increase in energy prices for 24.7% of respondents, three times more than those who are concerned that they may lose their jobs.

In the top of the concerns, in addition to energy prices (24.7%) there is also the risk of extending the conflict in Ukraine (19.8%) but also risks to health in the context of the COVID-19 pandemic (16.3%). The increase in inflation and the impact on incomes and savings worries 13.2% of respondents, and a potential shortage of food - 12.5% of them.

The survey on the financial situation of Romanians was conducted by the bank comparator FinZoom.ro, at the request of CEC Bank, in March, on a sample of almost 1,400 respondents from all counties, representative for Internet users. 60.3% of the respondents are salaried, 44.2% declared incomes between 2,500 RON and 5,000 RON, and almost half - 46.9% - under 2,500 RON monthly, 38.1% of those surveyed are aged between 25 and 40 years, 36% have higher education and less than 13% postgraduate studies.