Hungary farm sector output reaches HUF 2.693 tln in 2018

Telco

Image by Pixabay

Gross output of Hungaryʼs agriculture sector rose 3.7% to HUF 2.693 trillion last year, Hungarian news agency MTI says, citing a report by the Central Statistical Office (KSH).

Image: Pixabay.

Output of crop and horticultural products was up 3.6% at HUF 1.559 tln. The value of grain output was HUF 714 billion and that of industrial crops HUF 346 bln.

Output of live animals and animal products rose to HUF 946 bln, with live animals accounting for HUF 656 bln and animal products for HUF 290 bln.

The value of agricultural services reached HUF 142 bln.

Relative to total gross output, maize accounted for 14% of the total and wheat made up 9.7%. Poultry generated 11.1% of the total, while hogs accounted for 8.3% and cattleʼs contribution to the total was 3.7%. Sunflower made up 6.9% of the total, with fresh vegetables contributing 7% and milk accounting for 6.8%.

The gross value added of the farm sector edged up 0.2% to HUF 1.105 tln or 41% of gross output.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Job Fair and Career Prep at Corvinus Starts Tomorrow HR

Job Fair and Career Prep at Corvinus Starts Tomorrow

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

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.