According to a NBU survey, builders’ expectations are primarily related to the significant budget funding announced by the state for the restoration of infrastructure. Also, builders are counting on increased work with coming favorable weather conditions.
“The sector index in April was 53.4 compared to 53.5 in March. Respondents more confidently expected an increase in the volume of construction, new orders, purchases of raw materials and materials, and predicted an increase in the purchase of contractor services, despite maintaining negative assessments regarding their availability and cost,” the NBU noted.
The service sector is also expecting an increase in orders. The sectoral index rose to 53.1 in April from 50.6 in March.
On the contrary, trade enterprises worsened their activity forecasts, and industrial enterprises maintained positive assessments of their near-term performance thanks to improved logistics chains, stable consumer demand, and slowing inflation. The sectoral index in April was 51.7 against 51 in March.