The GYIA has improved

The index measuring the performance of the real economy, was in minus 0.1 to 0.2 percent, during the last four months. If we want talk of positive change the index swhould be in positive for several months – hirszerzo.hu, after Világgazdaság.

The BUX index declined slightly in January, which pulled down the GYIA as well as the deterioration of the German business expectations. The index of industrial production also pulled down the GYIA index, while the domestic sales of the industrial production has improved. An improvement occurred in the labor market, the average duration of job search became smaller.
The GYIA index is based on international methods, made of sub-indicators, indicating the GDP. The index always shows the real economic performance of the month.