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%.

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