KSH: Hungary’s farm gate prices up 5.5%
Image by Pixabay
Hungary’s agricultural producer prices increased by 5.5% in November in year-on-year terms, the increase being consistent with a 13.7% rise in the price of crop products, while the price of live animals and animal products continued to decrease, by 6.4%, Hungary’s Central Statistical Office (KSH) said today.
In year-on-year terms, the price of every group of crops with high priority rose: That of fresh vegetables to the lowest (7.2%) and the price of fruit to the highest extent (26%), KSH said in a report published today. Cereal prices were up 11%, which was primarily due to a 21% increase in the price of corn, while the price of wheat was cut by 1.4%, according to data published by KSH.
The producer price of live animals was down 2.5% in November compared to the same month a year earlier and the price of animal products dipped 14%.
In the period of January-November, agricultural producer prices were cut by 0.2%, within which the price of crop products rose by 5.5% and the price of live animals and animal products were reduced by 8.6%, KSH said.
According to data published by KSH, the price of pigs for slaughter fell by 11% and the producer price of milk by 21% in the period.
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.