KSH: Hungary’s farm gate prices fall 7.2% in January
Farm gate prices in Hungary have seen a year-on-year drop of 7.2% in January, with prices of crops falling by 7.4% and prices of livestock and animal products down by 6.9%, the Central Statistics Office (KSH) reported today.
Grain prices were 9.9% lower, but prices of industrial crops increased by 16%, chiefly lifted by prices of oil seeds, which grew by 18.6%. Potato prices fell by 37.8%, while prices of fresh vegetables dipped 4.7% and fruit prices fell by 21.1%.
According to KSH, hog prices were down by 9.1% and poultry prices fell by 1.6%, with egg prices rising 5.5% and milk prices falling by 1.7%.
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.