Hungary acceleration indicator falls further in October
The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by business daily Világgazdaság, fell 1.21% in October from the same month a year earlier, the paper said on Thursday.
The indicator edged down 0.04% from the previous month. The gauge fell in September, too, after stagnating in July and August.
The GYIA measures 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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