KYIV, April 1 – The Business activity expectations index (BAEI), calculated by the National Bank of Ukraine (NBU) on a scale from zero to 100, has been increasing for the second month in a row and in March immediately rose by 4.5 points to 52 points, five months later again exceeding the neutral level, the NBU said on Monday.

"The improved sentiment of respondents across all sectors resulted, among other things, from an increase in maritime and railway transportation, a persistently stable FX market, low inflation expectations, and a seasonal revival in business activity," the regulator said.