Report: Hungary’s economic acceleration indicator increases

Automotive

The Hungarian business daily Világgazdaság-compiled measure of economic and financial indicators entitled Acceleration Indicator (GYIA) rose by a year-on-year 2.78% in January, the paper reported today, following the y.o.y. 0.73% rise in December.

The GYIA includes indicators of non-food retail sales, real interest rates, the real value of the Budapest Stock Exchange's main BUX index, industrial output, stock of vehicle loans, the yield curve for government securities, money supply and real wages.

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