Farmgate prices up 12.8% in April amid lockdown

Weather

Photo by Cristi Savin/Shutterstock.com

Farmgate prices in Hungary rose 12.8% year-on-year in April, the first full month the country spent in lockdown due to the coronavirus pandemic, state news wire MTI reports, citing data from the Central Statistical Office (KSH).

Photo by Cristi Savin/Shutterstock.com

Crop prices increased by 16.1% and prices of live animals and animal products rose 6.6%.

Prices of industrial crops jumped 61.3%, with prices of oil seed crops up 65.2%.

Prices of cereal crops were down 7.1% in April from a year earlier.

Fruit prices bounced 73.6%. Vegetable prices edged up 0.7% and potato prices rose 5.7%.

In January-April, farm gate prices increased 7.5% from the same period of last year as crop prices rose 4.3% and prices of live animals and animal products were up 13.7%.

ADVERTISEMENT

Wizz Air issues EUR 500 mln bond Transport

Wizz Air issues EUR 500 mln bond

Domestic ownership in OTP Bank grows Banking

Domestic ownership in OTP Bank grows

Gov't to roll out PIT exemption for Hungarians under 25 Government

Gov't to roll out PIT exemption for Hungarians under 25

Tourism nights down 85% y.o.y. in November 2020 Tourism

Tourism nights down 85% y.o.y. in November 2020

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.