KYIV, Dec 1 – The Business Activity Expectations Index calculated by the National Bank of Ukraine (NBU) fell to 42.7 in November from 44.9 in October and continued to remain below the neutral level, as evidenced by the results of a survey of enterprises published by the National Bank of Ukraine on Thursday.
"In November 2022, the index was 42.7, down from 44.9 in October. Ongoing hostilities, continued damage to critical infrastructure, disrupted supply chains, rising production costs, and falling household income have worsened the nearest-future economic expectations of all of the surveyed sectors. This is evidenced by the business activity expectations index, which the NBU calculates on a monthly basis, apart from the forced break in March–May 2022," the NBU said.
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