Hungary’s economic acceleration indicator slows

Automotive

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by Hungarian economy daily Világgazdaság, showed a year-on-year rise of 2.74% in August, but it pointed to a slowdown in the pace of growth, the paper reported today. 

In a month-on-month comparison the index was up 0.25%. The GYIA measures non-food retail sales, real interest rates, the real value of the Budapest Stock Exchangeʼs main BUX index, industrial output, stock of vehicle loans, the yield curve for government securities, money supply and real wages.

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storag... Green Energy

Alteo Units Win HUF 9.4 bln of EU Funding for Battery Storag...

Improving Competitiveness 'Top Priority' of EU Presidency - ... EU

Improving Competitiveness 'Top Priority' of EU Presidency - ...

Nearly 40% of Teachers Use AI Innovation

Nearly 40% of Teachers Use AI

Sziget Tops Slingo Music Festival Ranking In Budapest

Sziget Tops Slingo Music Festival Ranking

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.