February 5, 2025
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Economy

Seasonal factors: Business expectations fell in January

In January 2025, the business activity expectations index decreased by 4.8 compared to December last year and amounted to 41, which corresponds to the level of January 2024.”, – WRITE: epravda.com.ua

In January 2025, the business activity expectations index decreased by 4.8 compared to December last year and amounted to 41, which corresponds to the level of January 2024. This was reported by the press service of the National Bank of Ukraine. Traditionally, in January, business weakens its current business activity compared to other months, which is related to seasonal factors, explaining in the NBU. Business expectations were also held back by a difficult security situation, a lack of investment in production capital, energy resources and labor, production costs, inflation and devaluation processes. Drivers of positive impact were stable consumer demand and significant amounts of international financial assistance. Advertising: industry enterprises were more restrained by the results of their activities due to the destruction of production facilities and lack of investment: the sectoral index in January was 42.0 (in January 2024 – 43.7) . Trade companies improved their estimates by 40.0 (38.9 in January 2024). Service companies also raised the figure to 41.1 (40.4 in January 2024). Requlands: for the third time in a row, the construction enterprises gave the most stricken grades due to seasonality of work and personnel shortage – the sectoral index in January was only 37.2, although it is better than Last year 31.9. The NBU conducted a monthly survey of 519 enterprises from January 6 to January 23, 2025. Recall that electricity deficits are expected to be reduced, but it will be stored in the following years, as the renewal of the power system requires considerable time and financing.

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