Farmgate prices up 12.8% in April amid lockdown
Photo by Cristi Savin/Shutterstock.com
Farmgate prices in Hungary rose 12.8% year-on-year in April, the first full month the country spent in lockdown due to the coronavirus pandemic, state news wire MTI reports, citing data from the Central Statistical Office (KSH).
Photo by Cristi Savin/Shutterstock.com
Crop prices increased by 16.1% and prices of live animals and animal products rose 6.6%.
Prices of industrial crops jumped 61.3%, with prices of oil seed crops up 65.2%.
Prices of cereal crops were down 7.1% in April from a year earlier.
Fruit prices bounced 73.6%. Vegetable prices edged up 0.7% and potato prices rose 5.7%.
In January-April, farm gate prices increased 7.5% from the same period of last year as crop prices rose 4.3% and prices of live animals and animal products were up 13.7%.
ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan
EC Puts Hungary 2024 GDP Growth at 2.4%
HU-rizon Program: HUF 8 bln Funding for International Resear...
Marcelito Pomoy to Perform in Budapest Next Week
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.
