Katalin Nyikos, president of the association, said the 7% year-on-year growth in Q1 is far below the 45% annual growth in the same period last year, but the numbers still point toward growing activity in the leasing sector.
Leasing contracts for new agricultural vehicles made up 86% of the total, while contracts for used vehicles represented 14% of all outlays by leasing firms.
The association complied its report with help from the Research Institute of Agricultural Economics.
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