Hungary economic acceleration indicator climbs in May

Analysis

The Acceleration Indicator (GYIA), a measure of economic and financial indicators compiled by business daily Világgazdaság, rose 0.16% in May from the previous month and was up 0.58% from the same month a year earlier, the paper said on Thursday. The year-on-year increase was the highest in a year and a half, 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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