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In September, the recovery in Ukraine’s production slowed down.

In September, the recovery in Ukraine’s production slowed down.

According to the Institute of Economic Research, the share of enterprises operating at almost full (75%-99%) and total capacity (100% and more) has been gradually decreasing for three months in a row (from 62% of respondents in June to 55% in September). At the same time, both the share of enterprises operating at full capacity and those not operating at all remain unchanged.

Generally, business uncertainty about the future is relatively high. 56% of respondents could not answer “What will happen with your company in two years?”. This is understandable, given the challenges of planning production activities with a long production cycle.

However, 44% of respondents were still able to predict their two-year prospects:

  1. plan to expand their activities by 25%
  2. and 5.9% want to narrow down activity

At the same time, optimism regarding production and exports decreased among some respondents:

  1. the share of enterprises planning production growth in the next 3-4 months fell from 47.6% to 41.7%
  2. the share of businesses reporting export growth also decreased – from 26.1% to 23.9%
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