Tashkent, Uzbekistan (UzDaily.com) -- In December 2021, the Business Activity Index (BAI), calculated by the Center for Economic Research and Reforms, made up 1,085 points, and increased by 8.5% compared to the previous month. There is also a 40 percent increase in BAI compared to the same period of last year.

The following changes were observed in the BAI components.

The business activity index in December 2021 increased by 8.5% and amounted to 1085 points, compared to the previous month, due to changes in the following components:

• the number of transactions on bank accounts of business entities increased by 13.6%;

• component of operating economic entities increased by 0.7%;

•Intensity of purchases of raw materials on the Commodity Exchange increased by 8.6%;

•brands component increased by 5.9%.

In the regional context, Jizzakh region again showed the highest growth.

In December 2021, the Business Activity Index for all regions increased compared to the previous month. Significant growth was observed in Jizzakh (72.0%), Syrdarya (51.3%), Khorezm (50.6%), Surkhandarya (46.6%) and Kashkadarya (46.1%) regions.

OPERATIONS WITH BANK ACCOUNTS

The number of interbank payment transactions in December 2021 amounted to 5,875.8 thousand and increased by 705.1 thousand transactions (13.6%) compared to November 2021.

The number of banking operations in all regions increased.

In December 2021, 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 Andijan (25.5%), Jizzakh (21.7%), Kashkadarya (20.1%), Samarkand (19.1%) and Surkhandarya (19.0%) regions.

ACTIVITY ON THE COMMODITY EXCHANGE

In December 2021, the exchange component of the BAI was 1.0859. This means an increase in the level of the component by 8.6% compared to the previous month, which is associated with an increase in the number of transactions (17.5%).

At the Republican Commodity and Raw Materials Exchange, the total turnover in December 2021 amounted to 6,668.9 billion soums, which is 13.5% more compared to the previous month.

ACTIVITY OF BUSINESS SUBJECTS

The component of operating economic entities in December 2021 amounted to 1.0065, which means an increase in the component by 0.7% compared to the previous month. This indicator has a positive value in relation to the same period last year with an increase of 8.5%.

The number of operating economic entities in December 2021 increased by 4,236 units compared to November 2021 (569,275 units) and amounted to 573,511 units.

The number of large enterprises increased by 16 units. 

During the reporting period, the number of small enterprises increased from 458,538 to 462,834 units (an increase of 4,296 units). The number of farms decreased from 107,698 to 107,622 units (a decrease of 76 units). The number of operating large enterprises amounted to 3,055 units, which is 16 units higher compared to November 2021.

BRAND REGISTRATION

In December 2021, the protected trademark index stood at 1.0590, up 5.9% from the previous month. In December of this year, 359 trademarks and trade names were registered by legal entities.