Hungary acceleration indicator improves in January
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.