Prices in the food industry climbed 10 percent
Domestic sales prices in the food industry were up 0.3 percent from the previous month in May 2011 and if we compare them with May 2010 we can see a 3.2-percent increase. Export sales prices (measured in Forint) did not change from April 2011 and dropped by 0.3 percent if compared with May 2010. Compared with April 2011, the Forint weakened by 0.5 percent against the Euro and by 1.3 percent against the Dollar in May 2011. If we examine exchange rates in May 2010, the Forint strengthened by 3.4 percent against the Euro and by 15.4 percent against the US currency.
Related news
Related news
GVH: margin reduction reduced prices, OKSZ disputes the effect
According to the Hungarian Competition Authority (GVH), the margin cap…
Read more >OKSZ has spoken out regarding the extension of the margin freeze
Viktor Orbán announced the extension of the margin freeze. The…
Read more >The government has extended the margin freeze
Viktor Orbán announced in the Facebook group Harcosok Klubja that…
Read more >