Consumer confidence in Ukraine has deteriorated

10 December 2014 17:13  4286761 087692
Consumer confidence in Ukraine has deteriorated

Consumer Confidence Index in November was 53.4, which is 0.9 points less than that in October.

This is illustrated by the consumer confidence survey in Ukraine, which is carried out monthly by the GfK Ukraine.

The assessment of the current situation remained unchanged and is equal to 50.6.

Expectations of economic development equal to 55.3, which is 1.3 points less than those in October.

"In November, deterioration in expectations of Ukrainians regarding possible unemployment was recorded: the index of expected unemployment is 154.0, which is 1.6 points higher than that in October," - the statement reads.

However, Ukrainians have become less concerned about possible inflation: compared to the October figure, the index of inflation expectations lost 5.1 points and is equal to 185.2.

"At the same time, the pessimism of Ukrainians about the hryvnia exchange rate in the next three months has increased, the index of devaluation expectations grew by 4.4 points and is equal to 157.8" - the press service informed.

Ekonomicheskaya Pravda

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