ADVERTISEMENT

Hungary acceleration indicator improves in January

Analysis

The Acceleration Indicator (GYIA), a measure of ten economic and financial indicators compiled by business daily Vilaggazdasag, edged up 0.04% in January from the previous month.

The index advanced after showing declines of 0.1-0.2% in the previous four months in a row.

Indicators for money supply and the yield curve for government securities improved, while the gauge of real interest rates moved in the opposite direction. The measure of the Budapest Stock Exchange’s main BUX index inched down, and the measure of industrial output, which has the biggest weigh in the index, also showed a modest contraction.

Real wages rose in January and the stock of consumer loans fell. The period during which jobseekers remained unemployed became shorter.

ADVERTISEMENT

3,274 new COVID cases registered over past 3 days Figures

3,274 new COVID cases registered over past 3 days

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.