KSH: agricultural production increased by 3.1 percent in 2018
Agricultural output grew 3.1 percent this year after falling 5.2 percent last year. Crop production grew by 1.8 percent, while livestock production grew 5.7 percent, compared to the previous year, when a 7.1 percent and 3.4 percent decline was recorded – according to the first estimate of the Central Statistical Office (KSH) published on Tuesday.
The annual average price increase of agricultural products was 1.4 percent in KSH’s first estimate, so the value of production increased by 4.5 percent to 2,710.8 billion forints at current prices, by calculating the services and the secondary activities. (MTI)
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