KYIV, June 4 – The Business Activity Expectations Index, calculated by the National Bank of Ukraine (NBU) on a scale from zero to 100, after positive assessments in March-April, fell below the neutral level in May: by 4.3 points - to 48 points, the regulator reported on Monday.

"More intense hostilities and missile attacks on infrastructure, power shortages, rising production costs due to high fuel prices and growing logistics costs, weak investment demand, deteriorating exchange rate expectations, considerable shortages of qualified staff, as well as uncertainty about the further course of the war and employee mobilization conditions hampered economic activity, worsening the expectations of all of the surveyed sectors," the NBU said.