In June 2022, the Business Activity Index (BAI), calculated by the Center for Economic Research and Reforms, amounted to 1,062 points, and, compared with the previous month, increased by 6.2%. There is also a more than 51% increase in BAI compared to the same period last year.
The following changes were observed in the components of BAI:
The Business Activity Index in June 2022 increased by 6.2% compared to the previous month and amounted to 1,062 points, due to changes in the following components:
- the number of transactions on bank accounts of business entities increased by 14.4%;
- the component of operating business entities decreased by 1.9%;
- the intensity of the purchase of raw materials on the commodity exchange increased by 7.2%;
- the component of trademarks decreased by 41.5%.
In the regional context, the Syrdarya region again showed the highest growth.
In June 2022, the Business Activity Index for all 14 regions increased compared to the previous month (May 2022). Significant growth was observed in Syrdarya (43.3%), Samarkand (43.0%), Navoi (39.5%) and Surkhandarya (37.2%) regions (Fig. 2).
TRANSACTIONS WITH BANK ACCOUNTS
The number of interbank payment transactions in June 2022 amounted to 5,692.2 thousand and increased by 716.1 thousand transactions (14.4%), compared with May 2022.
The number of banking operations in 13 regions has increased.
In June 2022, the number of banking transactions between legal entities increased in 13 regions compared to the previous month. In particular, the most significant growth was observed in Andijan (20.3%), Ferghana (19.1%), Navoi (14.3%) regions, Tashkent (17.0%) and the Republic of Karakalpakstan (14.4%). This indicator in Surkhandarya region decreased by 7.1%.
ACTIVITY ON THE COMMODITY EXCHANGE
In June 2022, the exchange component of IDA amounted to 1.0719, i.e. increased by 7.2% compared to the previous month, which is due to both an increase in the average physical volume of goods purchased in each transaction (7.1%) and an increase in the number of transactions (7.3%).
At the Republican Commodity Exchange, the total turnover in June 2022 amounted to 7,367.6 billion sums, which is 5.0% more than in the previous month.
ACTIVITY OF ECONOMIC ENTITIES
The component of operating business entities in June 2022 amounted to 0.9808, which means a decline in the component by 1.9% compared to the level of the previous month. This indicator has a positive value in relation to the same period last year with an increase of 9.8%.
The number of operating business entities in June 2022 increased by 6,382 units compared to the previous month of 2022 (598,986 units) and amounted to 605,371 units.
The number of large enterprises decreased by 404 units.
During the reporting period, the number of small enterprises increased from 487,101 to 493,727 units (an increase of 6,626 units). Also, the number of farms increased from 107,918 to 108,078 units (an increase of 160 units). The number of operating large enterprises amounted to 3,566 units, which is 404 units lower compared to May 2022.
In June 2022, the index of protected trademarks was 0.5851, i.e. it fell significantly by 41.5% compared to the previous month. In June of this year, 196 trademarks and trade names were registered by legal entities.
Ruslan Abdullaev, CERR