Ukraine sees business expectations at 7-year high

Source : 112 Ukraine

The nation’s real GDP growth in 2017 stood at 2.5%.
13:47, 17 April 2018

112 Agency

The business expectation index among the executives of Ukrainian corporations in the first quarter of 2018 grew from 115.2% in the previous quarter to 120.6%. This means the index has reached the highest level it has been at since the second quarter of 2011.

Related: Privatization: Why does Ukraine need it?

The official website of the National Bank of Ukraine citing a recent poll of business executives published this information adding that corporations of all kinds of economic operations remain optimistic, while it is leaders of processing businesses who gave the most positive forecasts, UNIAN reports

According to the survey, respondents rose their estimates regarding all areas throughout the index, including assessments of the financial and economic well-being of the corporations, sales volumes, cost of finance, and the quantity of workers employed.

Related: Ukraine is serious about privatization this time

The real growth of Ukraine’s gross domestic product stood at 2.5% in 2017, which exceeded the rough estimates, which predicted it to be at 2.2%, the State Statistics Service of Ukraine has informed. At the same time, the inflation in the month of March dropped to 13.2% in annual terms, compared to 14% exhibited in the month before.

As reported earlier, the vacancy rate of the Kyiv retail property is the lowest it has been since 2013. Jones Lang LaSalle claims that the newly commissioned retail space this year will include another 77,000 square meters. 

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