Magazine: Rising dairy product prices
According to the Agricultural Economics Research Institute (AKI) and KSH’s market price information system (PÁIR), a forecast by German food economics research centre IFE predicts that the European Union’s milk output will continue to increase until the middle of May. The price of butter produced in Hungary grew by 28 percent in 12 months. Sour cream’s price augmented by 17 percent and cottage cheese became 8 percent more expensive. We had to pay 6 percent more for 2.8-percent fat fresh milk in carton and 5 percent more for 1.5-percent fat long shelf life milk in carton. The price of 2.8-percent fat long shelf life milk in carton was up 4 percent. Trappist cheese cost 3 percent more in December 2017 than December 2016. //
Related news
Hungarian imports and exports also fell in March
In the month of March, Hungarian exports and imports also…
Read more >The foreign trade balance of fresh spinach was negative in 2023
In Hungary, spinach is one of the earliest outdoor vegetables. According…
Read more >KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February 2024, the export volume exceeded 3.4 percent, while…
Read more >Related news
Significant increase in retail trade – sector outlook
In March, retail sales volume increased significantly by 2% compared…
Read more >GKID-Mastercard: the momentum of domestic e-commerce seems to be running out, while Chinese webshops are also conquering Hungary
The GKID-Mastercard Digital Commerce Survey reveals a challenging landscape for…
Read more >A fifth of Hungarian online shoppers are still careless
Almost three-quarters of the Hungarian population regularly buys and pays…
Read more >