One year 34% price increase at Hungarian agriculture products
The price level of crops and horticultural products was 46.9% higher, while that of animals and animal products increased by 17.6%. between February 2007-2008.
In January–February 2008 the average
price level of agricultural products was 34.9% higher than in the
same period of the previous year, which was a result of the price
increase of crops and horticultural products by 48.9% and that of
live animals and animal products by 17.7%.
In February 2008 the producer prices of
cereals rose significantly (79.4%) amid low trade turnover.
The producer prices of potatoes
diminished by 16.8% following a significant increase last year.
Prices of fresh vegetables rose by 8.1%, which resulted from the
price change of only few vegetables amid low trade turnover.
Producer prices of fruits rose by
59.2%; dominantly influenced by the producer price growth of apples
(68.1%). It is worth noting that in this period the producer sales of
the other fruits can be considered insignificant.
The producer prices of live animals
rose by 11.4%, which stems from the price increase of poultry for
slaughter (22.3%), pigs for slaughter (6.5%) and the decreasing
prices of cattle for slaughter (5.8%).
Producer prices of animal products went
up by 27.2%; within this product group the producer price of milk
rose by 36.9% and that of fresh eggs increased by 13%.
In January–February 2008 producer
prices of cereals rose significantly (by 77.2%) compared to average price level of January–February
2007. Producer prices of potatoes were down by 8.6% after an
extremely high increase rate (110.6%) registered in the first two
months of 2007. Producer prices of vegetables grew by 10.9%, while
that of fruits rose by 59.2%.
Producer prices of live animals rose by
10.1% compared to the corresponding period of the previous year.
Significant price increase could be observed in case of poultry for
slaughter (21.0%), while prices of pigs for slaughter rose moderately
(4.7%). In the same period, prices of cattle for slaughter diminished
by 4.8%. Producer prices of animal products rose by 29.9%, mainly
influenced by the price increase of milk (38.4%), and that of fresh
eggs by 12.1%.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >