According to the Business Activity Expectations Index (BAEI) calculated by the National Bank of Ukraine, businesses in April 2025 assessed their current economic activity more cautiously, lowering the index to nearly neutral levels. This figure was 49.4, down from 51.8 in March 2025 and 52.3 in April 2024.
This is reported by Finway
Among the reasons contributing to the weakened assessments, respondents cited significant deterioration in weather conditions, prolonged uncertainty regarding the further development of hostilities, as well as rising costs for raw materials and labor. It was also noted that inflation accelerated, the hryvnia weakened against the euro, and there was a shortage of qualified personnel.
Positive Factors in the Economy
Despite the mentioned difficulties, positive factors supporting the economy remain stable consumer demand, incoming international financial assistance, and improvements in the energy sector, which turned out to be better than expected.
Sectoral Assessments
Among various sectors of the economy, industrial enterprises continue to demonstrate the most optimistic assessments of their activities. The sectoral index for industry in April was 51.8, which also decreased from 53.1 in March. At the same time, businesses in trade and services maintained high expectations regarding further increases in procurement prices, as well as prices and tariffs for their products and services. Construction companies, on the other hand, are inclined towards a possible easing of prices.