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Ukraines business sentiment declines in December as markets slow
Journal Staff Report

KYIV, Jan 10 Ukraines Business Activity Outlook Index (BAOI) declined to 48.6 in December 2019 suggesting a growing negative business sentiment in the country, the National Bank of Ukraine said in a report.

BAOI reading above 50 is implying a positive business outlook, while any reading below implies a negative outlook.

"Enterprises of all sectors involved in the monthly survey pessimistically evaluated the economic results of December. This can be explained by a further deterioration in the external environment, as well as a seasonal decrease in business activity," the NBU said in the report.




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