Hungary farm gate price climb 13.4% in October
Farm gate prices in Hungary rose 13.4% year-on-year in October, slowing from a 16.9% increase in September, the Central Statistics Office (KSH) said on Wednesday.
Crop prices rose 12.0% during the period. Grain prices were up 14.7%, well under the 26.6% increase in the previous month, and industrial crop prices jumped 27.0%. Potato prices fell 36.9%. Fruit prices rose 6.4%.
Livestock and animal product prices climbed 15.9%. The price of cattle for slaughter jumped 49.0%, hog prices were up 16.5% and poultry prices increased 16.2%. Egg prices were little changed but the price of milk was up 12.6%.
In January-October, farm gate prices rose 23.5% from the same period a year earlier. Crop prices were up 28.9%, including a 42.6% rise in the price of grain, and livestock and animal product prices increased 14.4%.
ADVERTISEMENT
Hungary Agricultural Output Value Grows by 6.5%
Hungarian-American Business Chamber Established in Chicago
Number of Registered Jobseekers Down 3% in November
Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair
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.
