Hungary’s farmgate prices up 4.1% in April

EU

pixabay

Agricultural producer prices in Hungary increased by 4.1% in April, compared to the same month a year earlier, according to a first release of data published by the Central Statistical Office (KSH) this morning.

The growth in April comprised a 1.2% decrease in prices of crop products and a 14.5% rise in prices of live animals and animal products.

In year-on-year terms, cereal prices were up by 2.2% in April, prices of fruits increased by 8.4%, and prices of vegetables by 1.8%. The producer price level of live animals rose by 12% and that of animal products by 20%, according to KSH data. Milk prices rose by 26%, regaining the price level seen at the end of 2014.

In the January-April period, producer prices were up by 0.7% compared to the first four months of 2016. The prices of crop products were down by 4.3%, while those of live animals and animal products rose by 10%. Vegetable prices were down by 4.5% and fruit prices by 2.3%. Milk prices rose by 20%.

ADVERTISEMENT

Sharp Rise in Energy Costs Putting Strain on Competitiveness Analysis

Sharp Rise in Energy Costs Putting Strain on Competitiveness

Parl't approves 2023 budget Parliament

Parl't approves 2023 budget

Danubius Hotels Appoints Group Director of Development Appointments

Danubius Hotels Appoints Group Director of Development

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim... City

3 Downtown Districts Planning to Introduce 30 km/h Speed Lim...

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.