Farm sector gross value rises 4.1%
The gross value of the output of Hungary's farm sector rose 4.1% to HUF 2.953 trillion in 2020, the Central Statistical Office (KSH) said in a first estimate.
Output volume fell 2.1% but prices rose 6.3%. Output value of the crops and horticulture products segment increased 5.8% to HUF 1.72 trillion as volume fell 2.9% but prices climbed 9%.
Output value of the live animals and animal products segment rose 1.2% to HUF 1.019 tln as volume dropped 1.6% and prices increased 2.8%. Gross value added of the farm sector rose 8.6% to HUF 1.266 tln.
Net income of farming businesses climbed 14.9% to HUF 809 billion.
ADVERTISEMENT
Bourse Turnover Reaches HUF 181 bln in November
India's G20 Presidency, Dawn of New Multilateralism - Narend...
Production Resumes at Ganz's Szolnok Plant
TikTok Commits to Improved Consumer Communication in Hungary
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.
