Report: Hungarian economy shows slow growth
The Acceleration Indicator (GYIA), which is a measure of economic and financial indicators compiled by Hungarian economic daily Világgazdaság, decreased in February from the period a year earlier, however it still showed strong growth, the paper said today.
The index showed a 2.44% growth in February, slowing from January’s 2.8%. 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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