A decline in agricultural producer prices
Agricultural producer prices decreased by 4.7 percent last December, compared to a year before, after the 5.5 percent decline in November. The price of crop products decreased by 11.8 percent, while the price of live animals and animal products increased by 8.4 percent – the Central Statistical Office (KSH) reported on Wednesday.
The purchasing price of milk is increasing since July 2016. In December 2016 it was 8.6 percent (7 HUF) higher than a year before, but the average price of 90 per liter HUF means an 36.4 percent increase within five months. (MTI)
Related news
Agricultural subsidies: MBH Bank provides pre-financing for up to several years
MBH Bank further expanded the possibilities of pre-financing agricultural subsidies.…
Read more >
Agricultural insurance claim payments decreased in 2023
Agricultural premium income totaled HUF 32.8 billion (-10 percent), and…
Read more >
A new chapter in the development of Hungarian agriculture: HUF 475 billion in the name of sustainability and innovation
In accordance with the strategic plan of Hungary’s KAP (Common…
Read more >Related news
Waves in the company trend – the changing faces of liquidations and company formations
Even with decreasing terminations, decreasing numbers of companies in the…
Read more >
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >
Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >
