Business news from Ukraine

Consumer sentiment index of Ukrainians improves in July

17 August , 2022  

The consumer sentiment index (CSI) of Ukrainians improved by 1.1 points in July to 73.2 points on a 200-point scale, according to a study by the Info Sapiens agency.
“The main indices stabilized in July and statistically changed little compared to June 2022. The current position index has significantly slowed down the rate of decline, and the economic expectations index even showed an upward trend. At the same time, unemployment, inflation and devaluation expectations are worsening,” commented agency situation.
According to the study, the current position index fell by 1.1 points to 37.2 points. In particular, the current personal financial situation index dipped by 2.9 points last month to increased by 0.8 p. – up to 43.8 p.
In addition, the index of economic expectations (EI) in July increased by 2.5 points – up to 97.2 points. In particular, the index of the expected development of the country’s economy in the coming year increased by 2.2 points – up to as for the next five years decreased by 2.5 percentage points – to 133.9 percentage points.
Reportedly, the index of expected changes in personal financial situation increased by 7.7 points to 78.8 points.
The Info Sapiens report also indicates that the July index of the expected unemployment dynamics in Ukraine increased (worse – IF-U) by 3.7 points, to 146.4 points, and the inflation expectations index – by 0.6 points. , up to 183 p.
At the same time, Ukrainians’ expectations regarding the hryvnia exchange rate worsened in the next three months: the index of devaluation expectations rose by 5.4 percentage points to 157.5 percentage points.
The study of consumer sentiment is carried out by interviewing 1,000 people aged 16 and over on a representative sample of gender, age, and size of the settlement. The statistical deviation does not exceed 3.1%. The study has been conducted since June 2000: earlier it was conducted by GfK Ukraine, and since 2019 by Info Sapiens.

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