The meat industry's output was over HUF 915 billion last year, said Éder. Processing and preserving meat accounted for HUF 349 bln of the total and producing meat and poultry products made up HUF 218 bln, he added.
Revenue of the processing and preserving segment fell almost 2% and revenue from making meat products dropped by 10.3%. Export revenue fell by 10.7% as revenue from processed and preserved poultry sales was down 18.7%. Domestic revenue was also down 1.5% as a higher retail turnover failed to compensate for a lack of demand in the catering and accommodation sectors.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
