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
The Christmas season is starting earlier and earlier: value for money is the key
This year, 40 percent of Hungarians brought their Christmas shopping…
Read more >They want it to be premium, but also sustainable – expectations of the youngest generation
GlobalData’s latest report, “Demographics in Retail and Apparel” – which…
Read more >In six months, consumers donated 100 million forints to charitable causes through the mandatory redemption system
Through the deposit bottle return system, which began six months…
Read more >