Small business accounts for over third of Uzbekistan's industrial production

Business Materials 14 November 2018 15:52 (UTC +04:00)

Baku, Azerbaijan, Nov. 14

By Fikret Dolukhanov – Trend:

In January-October 2018, enterprises of Uzbekistan produced industrial goods worth 173.3 trillion soums, which is 11.2 percent more compared to the same period last year, the State Statistics Committee of Uzbekistan said in a report.

The main factor behind the growth in total industrial production was the increasing production in the manufacturing industry by 9.0 percent, mining and quarrying – by 27.6 percent, in the sphere of electricity, gas, steam and air conditioning – by 2.0 percent, water supply, sewage, waste collection and disposal – by 22.5 percent.

According to the information, in January-October 2018, growth rate of consumer goods production reached 9.9 percent.

At the same time, the share of consumer goods in the total industrial production amounted to 40.3 percent.

In the total volume of industrial production, small businesses accounted for 35.0-percent share.

(8271.27 soums = 1 USD on Nov. 14)


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