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Economy 28/10/2011 Uzbekistan Business Activity Index grows by 0.2 points in September
Uzbekistan Business Activity Index grows by 0.2 points in September
Tashkent, Uzbekistan (UzDaily.com) -- Business Activity Index in industry sector of Uzbekistan APIC 100 slightly rose in September, the State Demonopolization Committee of Uzbekistan said.

The Business Activity Index made up 60.1 points in September 2011, or grew by 0.2 points compared to August.

The forecast for October 2011 makes up 65.4 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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