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KSH: Hungary’s farming prices up 1.2% in September

EU

Hungary’s agricultural producer prices saw a year-on-year rise of 1.2% in September, due to an 8.5% rise in the price of crop products, while the price of live animals and animal products continued to decrease by 9.1%, Hungary’s Central Statistical Office (KSH) reported today in a first release of data.

Data from KSH reveal that each group of high priority crops saw a price rise in September in year-on-year terms: The price of potatoes increased the least (0.7%), while the price of fruits rose the most (22.8%), and the price of cereals was up 2.1%.

The producer price level of live animals dropped 5.4% and the price of animal products dropped 17%, KSH said.

The procurement price of milk fell from February 2014, but rose in September 2015: The price was HUF 76 per liter in August, compared with HUF 79 per liter in September, KSH added.

In the January-September period, agricultural producer prices were cut by 4.7%, within which the price of crop products was cut by 1.8% and the price of live animals and animal products by 9.2%, KSH said.

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