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Daily Insight-NBU survey results favourable; agro sector update; MoF bond auction today
One-quarter more respondents (37.2%) expect the output of goods and services in Ukraine to increase in the next 12-month period, according to the survey of top managers of Ukraine\'s businesses, held by the National Bank of Ukraine on 14-31 May, 2010. Inflationary expectations decreased, with 11.8% annual CPI growth now expected, compared with 14.6% expected in the previous quarter. A stable exchange rate of the local currency to the dollar is forecast by 57.1% of the country\'s top managers, against 40.9% in 1Q10.