Farmgate price growth reached 45% in May

Crops

Photo by Nikolett Emmert / Shutterstock.com

Year-on-year farm gate price growth in Hungary leveled out at 45% in May after climbing close to 46% in the previous month, data released by the Central Statistical Office (KSH) shows.

Crop prices climbed 48%, as grain prices jumped 73% and industrial crop prices rose 63%.

Vegetable prices were up 13%, but fruit prices fell 20%.

The price of livestock and animal products increased 40%, while prices for live animals rose 39%.

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