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Economy 12/07/2011 Business Activity Index shows growth in June
Business Activity Index shows growth in June
Tashkent, Uzbekistan (UzDaily.com) -- Business Activity Index in industry sector of Uzbekistan APIC made up 62.4 points in June, which is 0.5 points more compared to May 2011, the State Demonopolization Committee of Uzbekistan said.

The forecast for July 2011 makes up 62.5 points, which says about optimistic mood of the businesses.

The committee noted that current Business Activity Index means favourable trend as it is higher than 50 points and positive dynamic says about the growth of business activity.

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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