Farmgate Price Rise Continues to Slow in February
Photo by Nikolett Emmert / Shutterstock.com
Farmgate prices in Hungary rose 27% year-on-year in February, slowing for the fifth month in a row, state news wire MTI reports, citing data released by the Central Statistical Office (KSH).
Crop prices climbed 16.5%, as grain prices increased 22.3% but industrial crop prices fell 6.6%, dropping for the first time in close to four years. Vegetable prices increased by 30.2%, while fruit prices rose by 19.5%.
The price of livestock and animal products climbed 54.6%, as prices for live animals rose 55.6%, and animal product prices grew 52.7%.
Hungary Aims to Double Geothermal Utilization by 2030
Bulgaria's Household Income, Spending Rise 20% in 2023
Budapest Airport Building on ‘Strong Employer Brand’ and ‘Vi...
Silvanus Hotel Under Reconstruction, Will Reopen in Fall
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.
