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.

Center for improvement of antimonopoly policies uses two the most spread methods on calculation of business activity: PMI (Purchasing managers’ index) and IFO (Business climate index). Use of both methodologies is necessary to determine methodology is the most effective for work with received data and show real situation of business sector and its expectations. The center said methodology will improve regularly and number of respondents will increase.

Index on IFO methodology is integral and it includes assessment of current situation and expectation to forthcoming month. Value of index can vary between -100 and +100, but it usually fluctuates between -50 and +50. At the same time, positive value speaks about favourable situation and negative about fall of business activity and optimism. The Center said the index was 21 in September, which is lower than in August (21.4).

Within PMI methodology, the center developed two separate index - CPMI (current) and EPMI (expected). This approach can help to determine how optimism level in current month will correspond to situation in future. Index value can vary from 0 to 100, but usually it fluctuates between 40 and 60. If PMI index is higher than 50, the business activity growth is observed, otherwise - recession. The CPMI index was 54, which means the growth of business activity, but it is lower compared to August figure of 60.1. EPMI index made up 67.7, which shows optimism of businesses for October. The index was 61.5 for September.

The center noted that business activity in industry sector significantly fall in September compared to August (18 against 23.2). Industrial sector expects the growth in October (67.1).

Business activity in service sector was 57.1 or 1 point higher than in August. Businesses expect the growth in October (68.2).