KSH: Hungary’s agricultural producer prices fall 8.1% in May
Agricultural producer prices in Hungary saw a year-on-year 8.1% fall in May, with prices of crops dropping by 6.7% and prices of livestock and animal products down by 10.4%, the Central Statistics Office (KSH) said today in a first release of data.
KSH said that cereal prices decreased by 16% and price of potatoes by 44%, while the price of fresh vegetables rose by 14% and that of fresh fruits by 25.4%.
KSH data show that the producer price level of live animals was 8.1% lower. The producer price index of milk decreased by 23%, KSH said, adding that its purchase price was the highest (114 forints/liter) in February 2014, and it steadily declined from that time, to reach 80 forints in May.
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.