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Economy 10/03/2010 Business Activity Index drops in February
Business Activity Index drops in February
Tashkent, Uzbekistan (UzDaily.com) -- Center on improvement of antimonopoly policy under the State Demonopolization Committee of Uzbekistan prepared Business Activity Index for February 2010 – 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 February made up 58.6 points, or dropped by 1.2 points to January. In January, index made up 59.8. In service sector, the index fell by 2.2 points to 56.9. The January index for service was 59.1.

Final results of Business Activity Index are fully based on answers of the respondents. The Center receives answers directly from responders. The selection of the companies is regular.

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