The base effect may have played a role in the recovery, as the appreciation rate slowed by 2.5 percentage points to 4.5% from May to June last year. Potatoes and eggs showed the largest price increases.
The annual increase in the average purchase price of crop and horticultural products accelerated from 23.5% in May to 3.8 percentage points to 27.3%.
Cereal prices were 37.4% higher than in June last year, the annual rise in wheat prices moderated to 24% from 31.1% in May, and the rise in maize prices rose further to 51.3% from 48.8% in May.
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.
