KYIV, July 1 – The Business Activity Expectations Index, calculated by the National Bank of Ukraine (NBU) after a three-month pause, rose to 41.3 in June from 40.5 in January and remained below the neutral level, as evidenced by the results released on Friday business survey.

Businesses had gloomy expectations of their economic performance in June due to the continued hostilities in the war with Russia, destroyed capacities, disrupted supply chains, blocked ports, damaged transportation infrastructure, higher energy prices, rising productions costs, and worsening inflation expectations," the NBU said.