NBH raises gold reserves to 110 tonnes

The National Bank of Hungary (NBH) has decided to raise the volume of monetary gold in its international reserves from 94.5 tonnes to 110 tonnes, the central bank said on Monday.

Guest nights climb 3.6 percent in August

Guest nights at commercial and private tourism accommodations in Hungary rose 3.6pc to 6,987,000 in August from the same period a year earlier, data released by the Central Statistics Office (KSH) on Monday show.

NBH issues recommendation on gauging ESG risk

The National Bank of Hungary (NBH) has issued a recommendation for lenders and financial companies on integrating ESG risks into credit risk, the central bank and financial market regulator said on Monday.

Jobless rate stands at 4.2 percent in August

Hungary's jobless rate stood at 4.2pc in August, level with the rate in July but up from 4.0pc twelve months earlier, data released by the Central Statistics Office (KSH) on Friday show.

NBH sees inflation slowing further in September

August's 3.4pc CPI was in line with the National Bank of Hungary's expectations, and the central bank sees inflation falling to 3.1pc in September, Andras Balatoni, an NBH director, said on Thursday.