ADVERTISEMENT

Farm gate prices down 3.3% yr/yr in January-October

Food

Farm gate prices fell 3.3% in the first ten months of 2005 from a year earlier as crop prices fell 8.8% and live animal and animal product prices rose 2%, the Central Statistics Office (KSH) reported on Monday. Hungarian farmers' terms of trade worsened 2% in the first ten months from a year earlier as agricultural input prices fell 1.3%, less than output prices did, in the period. Farm gate prices fell 5.4% in 2004 compared to 2003, with crop prices down 13.8% and animal product prices up 3.9%. Farm gate prices rose 1.5% in the twelve months to October 2005 as crop prices were up 5.1% and live animal and animal product prices fell 1.4% from a year earlier. Hungarian farmers' terms of trade worsened 0.4% compared to October 2004, as agricultural input prices rose 1.9% in the period. In the first ten months of 2005, the fall of crop prices was mainly due to a 21.5% year-on-year drop in cereal prices and 30.3% decline in potato prices. Live animal and animal product prices rose in January-October.

ADVERTISEMENT

Czech economic confidence weakens in November Analysis

Czech economic confidence weakens in November

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.