Despite geopolitical instability, the long-term economic expectations of Ukrainian businesses have started to improve. According to the results of a monthly survey conducted by the Institute of Economic Research, the optimism index has risen from 0.11 to 0.15 points.
This is reported by Finway
The main factors behind this improvement include a decrease in the share of enterprises planning to reduce their activities — only 1.4% of respondents — and an increase in those expecting positive changes — from 14% to 16%. However, medium-term expectations for the next six months have become somewhat worse, and the level of uncertainty regarding the overall economic environment has increased by 1.5%.
Turning Points in the Economy
February marked a turning point, as discussions about a possible end to the war or a freezing of the conflict intensified, which undoubtedly influenced the rise in uncertainty in the medium term. At the same time, about 62% of enterprises are operating at full capacity or with a load of over 75%. The share of companies with a load of less than 25% has decreased from 8% to 4%.
Stability in Industry
However, the aggregated indicator of industrial prospects, used by Eurostat and the OECD, has remained virtually unchanged, staying at 0.12.