Report: Hungary’s Acceleration Indicator grows 2.8% in March

Automotive

The Acceleration Indicator (GYIA), which is a measure of economic and financial indicators compiled by Hungarian economic daily Világgazdaság, increased by a year-on-year 2.8% in March, growing by 0.68% in month-on-month terms, the paper reported today.

According to the paper, the measure includes non-food retail sales, real interest rates, the BUX index’s value (main index of the Budapest Stock Exchange ), industrial output, stock of vehicle loans, the yield curve for government securities, money supply and real wages.

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