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Economy
14/04/2012
Business Activity Index grows in March
Business Activity Index grows in March
Tashkent, Uzbekistan (UzDaily.com) --
Business Activity Index of Uzbekistan APIC 100 made up 68.8 points, which is 2.4 points more compared to February 2012 (66.4), 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 was recorded in machinery and electrotechnical industry (+2.3 points), capital construction and construction industry (+2.3), energy complex, chemistry, oil and gas, and metallurgy industry (+13.6), as well as healthcare and information technologies (+8).
The forecast figure for April 2012 made up 71.1 points, which shows 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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