Agriculture is a driving force of the Hungarian economy
Despite the challenges that the sector is facing, the performance of agriculture is a driving force of the Hungarian economy – Fazekas Sándor, Minister of Agriculture emphasized on Tuesday at the Forum for Hungarian Farming in Budapest.
The Minister explained that the output of agriculture was 2568 billion forints last year, which is an increase of 52 percent at current prices since 2010, and at a constant price a 27 percent growth. Agricultural exports reached a record high of around 9 billion euros last year, while exports increased by 52.2 percent between 2010 and 2017. (MTI)
Related news
Change is needed in Hungarian agriculture
Change is needed in Hungarian agriculture, the challenges can only…
Read more >Peach yield average dropped by more than 70 percent this year
The harvest of cereal crops was almost complete by August…
Read more >Fertilizer sales revenue increased despite lower turnover
Fertilizer distributors sold 783 thousand tons of fertilizer directly to…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >