Hungary acceleration indicator edges up from previous month in November

Analysis

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by business daily Vilaggazdasag, edged up 0.02% from the previous month in November, while falling 1.39% from the same month a year earlier, the paper said on Thursday. Month-on-month, the GYIA showed stagnation or a minimal rise for the second consecutive month, the paper said. 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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