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Economy 05/12/2009 Antimonopoly Center issues Business Activity Index for November
Antimonopoly Center issues Business Activity Index for November
Tashkent, Uzbekistan (UzDaily.com) -- Center for improvement of antimonopoly policy under the State Committee of Demonopolization of Uzbekistan issued Business Activity Index for November 2009 - 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 November made up 60.7 points, which is slightly higher than October index - 59.6. In service sector, Business Activity index rose from 54 points in October to 59.2 in November.

The index fully based on answers of the responders. At the same time, the center ensured stability of responders and equality of industries in development of index.

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