Hungary's GYIA economic indicator drops slightly in April 2012.

By bne IntelliNews April 27, 2012
Hungary's Acceleration Indicator (GYIA), representing an aggregate measure of ten economic and financial indicators, edged down up by 0.03pps m/m in April 2012, MTI news agency informed, citing Vilaggazdasag daily, which compiles the index. The drop follows a 0.05pps monthly decrease in March. The index serves as a leading sign for the direction of economy and comprises of non-food retail sales, real interest rates, the level of the bourse index, industrial output, stock of vehicle loans, yields on government securities, money supply and real wages.
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