KYIV, Sept 1 – The Business Activity Expectations Index, calculated by the National Bank of Ukraine (NBU), rose to 44.1 in August from 43.6 in July and remained below the neutral level, as evidenced by the results of a survey of enterprises released on Monday.
"In August 2022, the index rose to 44.1 from 43.6 in July... Business continues to adapt to wartime conditions... That said, uncertainty about the duration of the war, the resulting deterioration of inflation expectations, the continued destruction of production facilities and infrastructure, coupled with the significant forced displacement of people within the country, are restraining economic revival across all sectors of the economy," the National Bank comments on the results of its July survey.
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