KYIV, Nov 1 – The Business Activity Expectations Index calculated by the National Bank of Ukraine (NBU) fell to 44.9 in October from 46.1 in September and continued to remain below the neutral level, as evidenced by the results of a survey of enterprises published by the National Bank Ukraine on Monday.

"The negative impact of the full-scale war on the supply of goods, existing logistical hurdles, destroyed production facilities, and a decline in real household income are restraining economic recovery, while also worsening expectations across all sectors. This is evidenced by the business activity expectations index, which the NBU calculates on a monthly basis, apart from the forced break in March–May 2022. In October 2022, the index was 44.9, down from 46.1 in September," the NBU said.