Hungary: Agricultural prices on the rise
The average producer price of agricultural products grew 25.6% year-on-year in September, those of the vegetal products and live stock/animal products by 50.6% and 2.6% respectively, reported the Hungarian Central Statistics Office (KSH) on Monday.
In the first nine months the corresponding growths were 16.9% y/y, 32.1% and 1.4%. The producer prices of crops increased by 91.8%, while industrial plants displayed a 3.6% decrease in the first three quarters. Fruit was 42.6% more expensive in the January-September period, the spike in large part determined by soaring apple (84%) and grape (31.9%) price rises. In the first nine months of 2006, the year-on-year increases were 9.4% with agricultural products, 16.1% with vegetal products and 3.5% with live stock/animal products. (Gazdasági Rádió)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.