The index returned to the level of March
Consumer sentiment in Ukraine in may 2020 was 76.3 points In comparison with April, the index increased by 10.1 p.
This is evidenced by the monthly survey of company Info Sapiens.
According to the study, the current conditions index rose 5.9 p., and amounted to 57,4. The economic expectations index in may increased by 12.9 p. and reached 90.7.
In may, the index of expected unemployment dynamics amounted to 151.8, which is 17.1% lower than last month. The index of inflation expectations have declined – 165,4, which is 7.2% lower over the past month. Expectations of Ukrainians regarding hryvnia exchange rate in the next 3 months have improved: the index of devaluation expectations have decreased to 10.3. p. to the values 136,5.
“The index of consumer sentiment increased in may and returned to the level of March 2020. The main factor of growth is the improvement of the expectations on personal financial situation, which is probably connected with the termination of the rigid quarantine. However, estimates of current personal financial situation and whether to make major purchases remained low and not returned to dekorativny level,” analysts comment Info Sapiens.
We will note, according to the survey of Research & Branding Group, the outbreak of coronavirus and a long quarantine has made changes in the plans of Ukrainians on summer vacation.