Business in Ukraine has resumed positive performance assessments for the first time in almost a year - survey

Business has restored positive assessments of its activity, demonstrating flexibility, optimism and adaptability to difficult conditions caused by the full-scale war.

This is reported by UNN with reference to the National Bank of Ukraine.

Details

In March 2025, the business activity expectations index exceeded the neutral level for the first time in 11 months and amounted to 51.8 compared to 46.9 in February 2025 (52.0 – in March 2024). The catalysts for the positive impact on the expectations of enterprises in all sectors were the following factors:

• • stable consumer demand; • increase in production;
• • receipt of international financial assistance; • stabilization of energy supply;
• seasonal factor.

In turn, the restraining factors remained the increase in shelling of critical facilities, exchange rate and inflation expectations, and a shortage of qualified personnel.

Reference

The monthly survey of enterprises was conducted from March 05 to 24, 2025. It was attended by 529 enterprises.

Among the surveyed enterprises, 43.1% are industrial companies, 26.5% are service companies, 25.3% are trade companies, 5.1% are construction companies; 29.7% of respondents are large enterprises, 27.4% are medium-sized, 42.9% are small. 32.3% of the surveyed enterprises carry out export and import operations, 9.1% carry out only export operations, 17.4% carry out only import operations, 41.2% do not carry out foreign economic operations.

It is worth paying attention to the fact that the survey results reflect only the opinion of respondents – heads of enterprises, and not the assessments of the National Bank of Ukraine.

Addition

The head of the State Tax Service of Ukraine, Ruslan Kravchenko, said that in order to be exempt from taxation, it is necessary to submit an application and a number of documents. But for this, demobilized FOPs have only 10 days. It is difficult to make it in this term, so the tax office is working with the Ministry of Finance and the Ministry of Defense to increase this term.

The Verkhovna Rada supported the easing of lending conditions for farmers whose property remained in the occupation. 273 people's deputies voted for this decision.