Farmgate prices climb 27% in November
Farmgate prices in Hungary rose 27.2% in November from the same month a year earlier, state news wire MTI reports, citing data released by the Central Statistical Office (KSH).
Farmgate prices have risen in the double digits every month since the start of the year.
Crop prices increased 36% in November, as grain prices jumped 47.2% and industrial crop prices climbed 52.4%. Vegetable prices rose 7.6%, potato prices surged 55.7%, but fruit prices fell 3.1%.
Farmgate prices for live animals and animal products increased 9.8%, as prices for live animals rose 7.7% and animal products prices climbed 13.8%. The price of live poultry rose 20.9%, but hog prices fell 9.1%. The price of milk increased 12.8% and egg prices were up 4.8%.
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