KSH: Farm sector output up 3.6%

Telco

With a rise in volume, the output of the Hungarian farm sector increased by 3.6% year-on-year, in value terms, the Central Statistics Office (KSH) reported in a first reading of data today.

The volume of both crop and livestock output climbed by 12.3% and 5.3%, respectively, while farm gate prices fell. In absolute terms, farm sector output exceeded HUF 2.3 trillion, and the volume of output was up by 9.2%.

Output of crops climbed by 2.7%, exceeding HUF 1.3 trillion in value terms, while output of live animals and animal products rose by 5.3% to HUF 833.4 bln in value terms. Gross added value in the sector rose 11.2% to HUF 951.6 bln.

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