Farm Input Prices Climb 5.4% in Q1-Q3

Crops

Farm input prices in Hungary rose 5.4% year-on-year in Q1-Q3, data released by the Central Statistical Office (KSH) show.

Intermediate consumption prices increased 4.6% on the back of a 30% rise in energy prices. Investment prices climbed 12%.

Artificial fertilizer prices dropped 29%, while pesticide prices rose 24%.

Feed prices edged up 1.7%.

Farmers' terms of trade stood at 88%.

ADVERTISEMENT

Policymakers Cut Central Bank Base Rate by 100 bp to 9% MNB

Policymakers Cut Central Bank Base Rate by 100 bp to 9%

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Competition Office Launches Probe of Temu Retail

Competition Office Launches Probe of Temu

Shortlist for Expat CEO of the Year 2024 Unveiled Awards

Shortlist for Expat CEO of the Year 2024 Unveiled

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.