Amid fluctuations of UAH exchange rate within recent months the devaluation expectations of company executives have raised. The weakening of national currency in 12 months is forecast by 86.6% respondents, as it is evidenced by the results of the poll of company executives for November-December 2015, NBU press-service reports.
Companies also expect the economic upturn in 2016. The second quarter in a row the business expectations index exceeds 100%, which have not been observed since II quarter of 2014.
“Companies improve inflation expectations for the third quarter in a row. On average, they expect consumer price increase by 22.5% during next 12 months. As per results of the third quarter of the previous year they forecast the consumer inflation in the amount of 25.5%”, as it is said in the message.
The expected increase of company prices is associated with UAH exchange rate and increase of production expenses. Meanwhile, money supply in economy, price dynamics on global markets and social budgetary expenditures have influenced price increase less.
