Tashkent, Uzbekistan (UzDaily.com) -- The results of this survey play the role of an economic barometer to determine consumer sentiment of the population and predict trends for further development.

The Center for Economic Research and Reforms (CERR) announced the results of a monthly survey of the population to form a picture of consumer sentiment (Consumer Sentiment Index). More than 3,500 people from all over the republic took part in the poll conducted in September.

The consumer sentiment index was calculated based on an internationally recognized methodology.

The Consumer Sentiment Index is a measure of consumer confidence that is measured and published every month. It consists of two parts: consumers' assessment of the current economic situation and their expectations. Consumer sentiment determines how much consumers are willing to increase / decrease consumption.

The index ranges from 0 to 200, if its value is above 100, this indicates high optimistic expectations of the population.

The survey results showed that in September the Consumer Sentiment Index was 90 points (in August 87 points). This is the highest rate compared to the previous 5 months.

It should be noted that this indicator in September in the US was 79 points, in the UK - 75 points, in Russia - 89 points. In August, the Consumer Sentiment Index in Ukraine reached 68, in Turkey - 82, in South Korea - 79.

By regions, the largest growth was observed in Syrdarya (+12 points), Kashkadarya (+6 points) and Khorezm (+5 points) regions, while a decrease was observed in Bukhara (-4 points) and Navoi (-4 points) regions.

Current situation

In September, the share of those who reported an increase in the number of available jobs compared to the previous month rose from 13% to 19.1%. At the same time, the share of respondents who reported a reduction in the number of jobs became the lowest in comparison with the previous 4 months.

Expectations

The optimistic sentiment was observed regarding the future overall consumer expectations, reaching 109 points, an increase of 1 point over the previous month.

It is noteworthy that in September in all regions of the country there was a positive situation in the expectations of the population. In particular, 36% of respondents said that they expect an improvement in the economic situation in the country in the future, against 25% who expect a deterioration, another 39% believe that the economic situation in the country will remain unchanged.

In addition, 25% of respondents expect their income to increase in the future.

At the same time, the share of those who expect an increase in the number of jobs in the next 6 months did not change compared to the previous month and amounted to 30%.

In September, 78% of respondents answered that “the anti-crisis measures taken by the state are sufficient”.