KSH: Farm gate prices up 2% in March

Food

pixabay

Agricultural producer prices in Hungary grew by 2% in March as compared to the same month a year earlier, the increase being consistent with a 7.4% rise in the price of crop products, while the price of live animals and animal products dropped 7.1%, Hungary’s Central Statistical Office (KSH) said today.

The price of cereals dropped 0.4% and the price of wheat fell by 14%, however, the price of corn was up 8.3%, according to KSH data. The price of fruit was up 25% and that of potatoes 45%, KSH said. 

The producer price level of live animals reached 5.8% and that of animal products was 10% lower in the period, KSH data show. The price of milk decreased by 12%, making the procurement price HUF 76/liter in March, HUF 2 lower than in February, KSH added.

In the period of January-March, agricultural producer prices were up 2.8%, as compared to the same period last year. The price of crop products rose by 7.9%, while the price of live animals and animal products dropped by 5.8%. The price of vegetables increased by 20%.

ADVERTISEMENT

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.