Hungaryʼs farm gate prices drop 8.1% in February

EU

Farm gate prices in Hungary dropped by a year-on-year 8.1% in February, with prices of crops falling by 7.9% and prices of livestock and animal products down by 8.5%, the Central Statistics Office (KSH) said today.

In a year-on-year comparison, cereal prices decreased by 11%, the price of potatoes by 37% and fresh fruits by 21%, while the price of fresh vegetables increased by 14%, KSH said.

The producer price level of live animals was 6.1% lower, with the producer price of pigs for slaughter falling 9.5%, but still 1.3% higher than in the previous month, the office noted. The price of poultry for slaughter was cut by 4.3%. With regards to animal products, the price of fresh eggs increased by 10%, while milk prices were lowered by 19%, the report added.

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