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Business activity index jumps by 2.4 points in Uzbekistan

Business Materials 16 April 2012 09:37 (UTC +04:00)

Uzbekistan, Tashkent, April 16 / Trend D. Azizov /

The business activity index on the Uzbek industrial sector increased by 2.4 points in March up to 68.8 points compared to February, the State Antimonopoly Committee said.

The projected figure for March was 72.5 points.

The main factors are the beginning of executing the contractual obligations to supply goods and raw materials, the implementation of new contracts for 2012, growth in exports.

There is a significant increase in mechanical and electrical engineering, capital construction and building industry - by 2.3 points, energy complex, chemical, oil, gas and metallurgical industries - by 13.6 points, health and information technologies - 8 points.

Projected figure for April 2012 was 71.1 points, which indicates the optimistic expectations of businessmen.

The index of business activity of the industrial sector is calculated proceeding from a poll of 100 large and medium industrial enterprises.

The index is calculated from five key indices, such as new orders, production and sales volumes, employment, and the remains of the finished products.

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