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Business    

Ukrainian companies reduce expectations due to power shortages
Journal Staff Report

KYIV, Aug 21 – Ukrainian enterprises, amid problems with electricity in July 2024, worsened their half-year expectations and sharply slowed down the pace of recovery, according to data from a monthly survey of enterprises by the Institute for Economic Research and Policy Consulting (IER).

"The situation with power outages affected six-month expectations [of the financial and economic situation at the enterprise]: we see a sharp drop - in June the indicator was 0.55, and in July it dropped to 0.22," the report quotes IER Executive Director Oksana Kuziakiv as saying.




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