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Economy 20/10/2012 Business Activity Index grows 1.3 points in September
Business Activity Index grows 1.3 points in September
Tashkent, Uzbekistan (UzDaily.com) -- Business Activity Index of Uzbekistan APIC 100 made up 66.2 points in September 2012, which is 1.3 points more compared to August 2012 (64.9), the State Demonopolization Committee of Uzbekistan said.

Business Activity Index was higher than 50 points, which shows positive development trend of business activity.

The growth of index was observed in machinery and electronics sector (+5.4 points), agriculture and water management, and consumer goods production (+4.4 points).

The forecast for October 2012 makes up 66.2 points, which is evidence for restrained optimistic mood of the business. Business Activity Index in industry sector (APIC 100) was developed in June 2010 and calculated based on survey of 100 large and medium businesses. The APIC 100 replaced the Index APIC 50 (based on survey of 50 enterprises).

The index is calculated based on 5 basic indicators, such as new orders, production volume and realization, employment and ready products at warehouse.

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