Farmgate prices up 0.6% in May

Food

pixabay

Agricultural producer prices were up 0.6% in May 2018 compared to the corresponding month of last year, made up of an increase of 4.6% in the prices of crop products and a decrease of 6.4% in the prices of live animals and animal products.

In May 2018 compared to May 2017, grain prices were up by 10%, while prices of fruit and vegetables became 7.9% higher, according to a first release of monthly data from the Central Statistical Office (KSH). Potato prices were 3.7% lower.

The price of live animals was down 9.1% year-on.year, while that of animal products fell 0.6%. The price of pigs for slaughter decreased by 20%.

Milk prices were 0.7% lower and egg prices 2.2% higher in May.

In January–May 2018 compared to the first five months of the previous year, agricultural producer prices increased by 0.9%, within which crop products became 1.9% dearer, while live animals and animal products were 0.9% cheaper. The price of pigs for slaughter went down by 11%, year-on-year.

Agricultural producer prices for June 2018 will be published by the KSH on August 14.

ADVERTISEMENT

Reforms to raise productivity would strengthen recovery - OE... Analysis

Reforms to raise productivity would strengthen recovery - OE...

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried 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.