KSH: Hungary’s farm gate prices up 2.8% in February
Agricultural producer prices were up 2.8% in February in year-on-year terms, the increase being consistent with a 7.3% rise in the price of crop products, while the price of live animals and animal products fell by 5.0%, according to a first release of data published by Hungary’s Central Statistical Office (KSH) today.
According to KSH, the price of cereals rose by 2.3%, primarily due to a 16% increase in the price of corn, while the price of wheat fell by 14% in February as compared to the same period of last year. The price of fruits rose by 26% and the price of potatoes by 58%.
The procurement price of pigs for slaughter dropped by 15% between September and December (from HUF 369/kg to HUF 313/kg), and making a moderate comeback in February to HUF 322/kg.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.