KYIV, July 4 – The Business Activity Expectations Index (BAEI) calculated by the National Bank of Ukraine (NBU), after a slight decline from 51.5 points in April to 50.5 points in May, grew slightly in June to 50.8 points, and remained at the positive half of the scale (zero to 100).

As the NBU noted on Monday, this result was ensured by an improvement in the expectations of construction enterprises - from 51.3 to 58.6 points and industry - from 50.4 to 51.0.

"Businesses have adapted to the difficult conditions of the full-scale war and have been reporting an optimistic performance outlook for three months running. The optimistic outlook resulted, among other things, from weaker growth in the prices of raw materials and energy, the gradual reestablishment of production and supply chains, improved inflation and exchange rate expectations, and a revival of domestic demand," the central bank said.