Magazine: There is less apple in the market, but it is cheaper
Data from the Agricultural Economics Research Institute’s (AKI) market price information system (PÁIR) reveal that the production price of wheat was HUF 53,000 in January 2014, 23 percent less than in January 2013. The European Commission’s forecast is that the EU’s meat production will be around 22.3 million tons this year. A little less pork will be exported and pork import may grow by 10 percent. On 1 December 2013 there were 2.935 million pigs in Hungary (KSH data) – 1.8 percent less than a year earlier. However, Hungary’s live pig export was 11 percent higher in January-November 2013 than a year before; our live pig import was 2 percent below last year’s level. In the fist eleven months of last year Hungary’s poultry meat import was 53,000 tons, 13 percent more than in the same period of 2012; our poultry meat export augmented by 7 percent to 191,000 tons. According to WAPA’s (World Apple and Pear Association) estimation, in Hungary 21 percent less apple was harvested in 2013 than in 2012
Related news
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >