Thus, in the regional context, Khorezm region showed the highest growth, an increase in the number of banking operations was recorded in all regions of the country. At the same time, the number of large enterprises increased by 286 units and amounted to 3,353.
In February 2022, the Business Activity Index (PMI), calculated by the Center for Economic Research and Reform, amounted to 1085 points, and increased by 8.5% compared to the previous month. There is also a more than 33 percent increase in IDA compared to the same period last year.
The following changes were observed in the PMI components
The business activity index in February 2022 increased by 8.5% compared to the previous month and amounted to 1085 points, due to changes in the following components:
•the number of transactions on bank accounts of business entities increased by 16.5%;
• component of operating economic entities increased by 2.9%;
•intensity of purchases of raw materials on the Commodity Exchange increased by 6.0%;
•brands component decreased by 9.6%.
In February 2022, the PMI for 12 regions increased compared to the previous month (January 2022). In Khorezm (70.4%), Namangan (46.9%), Surkhandarya (46.0%) and Jizzakh (23.7%) regions, a significant increase was observed.
At the same time, this index decreased in 2 regions. In particular, in Tashkent (-1.9%) and Andijan (-0.7%) regions, there was a decline compared to the previous month.
OPERATIONS WITH BANK ACCOUNTS
The number of interbank payment transactions in February 2022 amounted to 4.96 million and increased by 703,600 transactions (16.5%) compared to January 2022.
In February 2022, the number of banking transactions between legal entities increased in all regions compared to the previous month. In particular, the most significant growth was observed in Navoi (23.1%), Kashkadarya (19.5%), Samarkand (19.3%) regions and in Tashkent (18.7%).
ACTIVITY ON THE COMMODITY EXCHANGE
In February 2022, the exchange component of the PMI awas 1.0599. This means a 6.0% increase in the level of the component, compared to the previous month, which is associated with an increase in the average physical volume of goods purchased for each transaction by 9.6%.
At the Republican Commodity and Raw Materials Exchange, the total turnover in February 2022 amounted to 6,273.6 billion soums, which is 14.4% more compared to the previous month.
ACTIVITY OF BUSINESS SUBJECTS
The component of operating economic entities in February 2022 amounted to 1.0291, which means an increase in the component by 2.9% compared to the previous month. This indicator has a positive value in relation to the same period last year with an increase of 9.6%.
The number of operating economic entities in February 2022 increased by 3,861 units compared to January 2022 (577,914 units) and amounted to 581,775 units.
During the reporting period, the number of small enterprises increased from 467,096 to 470,712 units (an increase of 3,616 units). At the same time, the number of farms decreased from 107,751 to 107,710 units (a decrease of 41 units). The number of operating large enterprises amounted to 3,353 units, which is 286 units higher compared to January 2022.
In February 2022, the protected trademark index stood at 0.9043, down 9.6% from the previous month. In February of this year, 312 trademarks and trade names were registered by legal entities.