KYIV, Dec 3 – The Business Activity Expectations Index (BAEI), calculated by the National Bank of Ukraine (NBU) on a scale from zero to 100, after increasing by 0.7 points in October, fell by 2.3 points in November – to 47.2 points, falling below the February 2024 value (47.5 points), the regulator’s website reports.

"The increased intensity of hostilities, renewed power outages due to Russian attacks on the energy system, further growth in energy, labor and logistics costs, accelerating inflation, a significant shortage of skilled workers, and seasonal factors restrained economic activity and weakened business expectations," the NBU reported.