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Ukrainian business activity expectations have declined due to

Tuesday, November 2, 2021

quarantine restrictions. The business activity expectations index (IODA) in October 2021 was 51.4 (in September – 53.1), reported the NBU. A month of hard lockdown will cost the economy 0.3% of GDP. This assessment is contained in the Inflation Report of the NBU for October.

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The NBU discount rate of 8.5% was supported by 7 members of the NBU committee.

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