The agricultural parity became wider, due to the Russian embargo
The agricultural parity opened vigorously open due to the effect of the Russian embargo in the last four months of last year – Tresó István Head of the Department of K&H’s Agriculture Business Development. Because of the Russian sanctions the Hungarian farmers need to find new markets.
“Agricultural prices declined by 6.6 percent in December, compared to the same period of the previous year in, but overall agriculture closed a good year and have contributed significantly to last year's GDP growth on national economy level – Tresó István said. (agrarszektor.hu)
Related news
Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >K&H Analyst Commentary: The forint is on the rise
The forint, the Polish zloty and the Czech koruna are…
Read more >K&H: collaboration with the capital in the name of climate neutrality
Budapest Metropolitan Municipality and K&H Bank have signed a Memorandum…
Read more >Related news
Irrigation water resources equivalent to one-third of Lake Balaton are available
Despite the extraordinary drought and lack of precipitation, we can…
Read more >Free irrigation water provided to farmers is a key element in the fight against drought
Free irrigation water provided to farmers is a key element…
Read more >Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >