Prices in the food industry climbed 10 percent

By: trademagazin Date: 2011. 09. 06. 23:22

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.

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