KSH: Farm sector output up 3.6%
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.
ADVERTISEMENT
Hungary Energy Supply Secure - Minister
Sport Now 'Strategic Sector' for Hungary - Minister
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.
