Hungary farm gate prices climb 11.8% in November

Figures

Farm gate prices in Hungary rose 11.8% year-on-year in November, slowing from a 13.4% increase in October, the Central Statistics Office (KSH) said on Thursday.

Crop prices rose 8.7% during the period. Grain prices were up 12.9% and industrial crop prices rose 18.6% yr/yr.

Potato prices fell 55.9%. Fruit prices rose 7.0%.

Livestock and animal product prices climbed 17.3%.

The price of cattle for slaughter jumped 43.0%, hog prices were up 25.7% and poultry prices increased 10.6%. Egg prices rose just 2.6%, but the price of milk was up 15.0%.

January-November farm gate prices were up 20.2% yr/yr, as crop prices rose 23.3% including a 33.1% rise in the price of grain, and livestock and animal products prices rose 14.7% in the period.

Farm gate prices fell year-on-year until June 2010 before starting to rise at a double-digit pace in July 2010.

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

Budapest City Council to take out HUF 32 bln development loa... City

Budapest City Council to take out HUF 32 bln development loa...

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.