Business Activity Index: Industry sector shows growth, service falls
08/02/2010 18:36
Business Activity Index: Industry sector shows growth, service falls
08/02/2010 18:36
Tashkent, Uzbekistan (UzDaily.com) -- Center on improvement of antimonopoly policy under the State Demonopolization Committee prepared Business Activity Index for January 2010 – APIC 50.
Business Activity Index is prepared on the result of survey of 50 large and medium organizations of industry and service sector, representing fast growing directions of economy and sensible to changes in global and local markets.
Business Activity Index developed on PMI methodology. If PMI index is higher than 50, the business activity growth is observed, otherwise - recession.
Business Activity Index in industry sector for January made up 59.8 points, or grew by 1.9 points to December. In December, index made up 57.9. Such industries as machinery and energy displayed insignificant growth compared to other industries. In service sector, the index fell by 1.9 points to 59.1.
Final results of Business Activity Index are fully based on answers of the respondents. The Center receives answers directly from responders. The selection of the companies is regular.
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