The short-term forecasts regard the trend of several macroeconomic indicators, namely the GDP, industrial output, inflation, unemployment rate, the monetary base, total household savings, and exchange rate, for February 2002.

The short-term forecasts regard the trend of several macroeconomic indicators, namely the GDP, industrial output, inflation, unemployment rate, monetary base, total household savings, and exchange rate for the first and second quarter of 2002.

The paper presents a high-frequency (monthly) forecast for six macroeconomic indicators: industrial output, inflation, unemployment rate, monetary base, households’ savings and exchange rate.

The purpose of this paper is to offer an analysis of the behaviour of the money demand, inflation and their determinants, with a focus on the short-term impact of external shocks. Taking into account the weak structure of the Romanian economy (Dobrescu, 1997) the authors confined the study to...