The consumer sentiment index of Ukrainians in April 2024 increased by 0.6 points and amounted to 77.6 points. Ukrainians became more afraid of inflation and devaluation.
About this testify data of the monthly research of the company Info Sapiens, writes Oleksandr Bilous.
The current situation index (CPI) increased to 56 points, which is 1 point higher than the level of this indicator in March. The index of economic expectations (EIO) in April increased by 0.4 points and is 92 points.
In April, the indicator of the index of expected dynamics of unemployment decreased by 0.5 points and is 123.3 points. The index of inflation expectations increased by 2.5 points and is 181.8 points. The index of devaluation expectations increased by 10.4 points and is 155.6 p.
“In April 2024, almost all indicators of consumer sentiment are unchanged. As of now, there is a tendency to stabilize both consumer sentiment and the perception of the current situation and economic expectations. The only important change is an increase in the index of devaluation expectations. The population of Ukraine has a more negative assessment of the prospects for the exchange rate currencies during the next three months“, – analysts of Info Sapiens comment.
The consumer sentiment index in Ukraine is determined on the basis of a sample survey of the country’s households. During the research, 1,000 people aged 16 and over are interviewed.
Index values can vary from 0 to 200. The value is equal to 200 if all citizens positively assess the economic situation. The index is equal to 100 when the shares of positive and negative evaluations are the same. An index value of less than 100 means that negative evaluations prevail in society.
The National Bank of Ukraine improved its forecast for consumer price growth to 8.2% in 2024. The Central Bank predicts a moderate acceleration of inflation in view of the exhaustion of the effects of the large harvests of the previous year, the further recovery of consumption and the increase of business expenses in the conditions of the war.
Most forecasts indicate that the dollar rate will increase in 2024. In particular, financial analysts in April predicted the exchange rate for the next 12 months at the level of UAH 41.81/dollar, bankers – UAH 41.69/dollar
