Tag "KSH"
The average price of light and heavy lamb also increased by more than 30 percent
According to European Commission data, the European Union’s sheep and goat imports (live animals and meat) were 112.5 thousand tonnes in January-August 2024, a 5 percent decrease compared to the...
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KSH: In the third quarter, the economic performance decreased by 0.7 percent compared to the same period of the previous year
The volume of Hungary’s gross domestic product (GDP) in the third quarter of 2024 was 0.8 percent lower than in the same period of the previous year based on raw...
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The crisis of spicy peppers: declining production and growing challenges
The Szeged spice paprika, once a pride of Hungarian gastronomy and agriculture, is now facing serious challenges. Weather extremes, rising costs and import pressure all contribute to the fact that...
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GKI analysis: Small but strong: the situation of Hungarian SMEs
In the past two months, the government has made strengthening small and medium-sized enterprises its flagship in the framework of the new economic action plan. The government has not had...
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KSH: industrial producer prices in October exceeded those a year earlier by 2.6 percent and the previous month by 1.0 percent
In October, industrial producer prices were 2.6 percent higher on average than a year earlier. Domestic sales prices decreased by 0.5 percent, while export sales prices were 4.1 percent higher...
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Foreign trade surplus in services was 3.5 billion euros in the third quarter
In the third quarter of 2024, exports of services in euros exceeded the same period of the previous year by 4.2 percent and imports by 1.9 percent. The surplus was...
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Cattle slaughterings down by more than 10 percent
39.8 thousand cattle were slaughtered in the first half of 2024, 10.4 percent less than in the same period of the previous year. The live weight of the slaughtered animals...
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The price of bunch tomatoes has changed minimally
According to the WPTC’s October forecast, the volume of industrial tomatoes in Hungary may increase by 9 percent to 120 thousand tons in 2024 compared to 2023. According to KSH...
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The price of bone-in chicken breast and chicken breast fillet also decreased significantly
According to KSH data, Hungary’s poultry meat exports increased by 2.4 percent to 142 thousand tons in the first eight months of 2024 compared to the same period in 2023....
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Live pig exports have strengthened
According to data from the Central Statistical Office, Hungary’s live pig exports increased by 22.7 percent to 22.5 thousand tons in January-August 2024 compared to the volume in January-August 2023....
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Potato export market revived
According to KSH data, the potato cultivation area and yield showed a decreasing trend in previous years, but in 2023 5 percent more potatoes (209.9 thousand tons) were produced than...
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KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2 percent, or 5.4 percent after the working day effect, compared to a year earlier, the Central Statistical Office (KSH) confirmed...
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KSH: in October, consumer prices increased by 3.2 percent on average compared to the same month of the previous year
In October 2024, consumer prices were on average 3.2 percent higher than a year earlier. In one month, they rose by an average of 0.1 percent, within which vehicle fuels...
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The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding. This drop interrupted the upward trend...
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Internal trade slowed down massively
This morning, the Central Statistical Office published retail sales data for the month of September: sales decreased significantly on a monthly basis, by 1.4 percent. The indicator of the consumption...
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The producer price of the young bull rose by 30 percent
According to the AKI’s slaughter statistics data, cattle slaughter in January-September 2024, expressed in live weight, was 8.6 percent below the amount in January-September 2023. Cows, which account for two-thirds...
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Lower poultry prices
According to AKI’s slaughtering statistics, 487.3 thousand tonnes (live weight) of poultry were slaughtered in Hungary in the first eight months of 2024, 10.9% more than in the same period...
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Improving trends
Every year the Guild of Hungarian Restaurateurs (MVI) publishes its statistical report on the hospitality industry. This publication is based on statistical data published by the Central Statistical Office (KSH)....
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KSH: The sales prices of the food industry rose by 0.9 percent
In September, industrial producer prices were on average 0.9 percent higher than a year earlier, the Central Statistical Office (KSH) announced on Thursday. Domestic sales prices decreased by 0.7 percent,...
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KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent and that of imports by 4.5 percent compared to the same period of the previous year. The asset amounted to...
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The reference prices for the 2024 damage mitigation benefit have been published
Damaged producers will be able to submit their application for damage mitigation benefits electronically this year as well from the beginning of November, which they can do on the website...
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The producer price of garlic is more than 20 percent higher
According to Eurostat data, the yield of garlic was between 5.2 and 7.1 thousand tons in the last five years, and in 2023, 5.26 thousand tons of garlic were harvested...
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KSH: in September, the number of employed people was 4,699,000, the unemployment rate was 4.5 percent
In September 2024, the average number of employed persons aged 15-74 decreased by 32,000 compared to the same period of the previous year, to 4,699,000, the Central Statistical Office (KSH)...
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KSH: in August, gross average earnings were HUF 628,800, 13.1 percent higher than a year earlier
In August 2024, the gross average salary of those employed full-time was HUF 628,800, and the net average salary calculated with allowances in mind was HUF 433,100. The gross average...
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The producer price of slaughter pigs has decreased
According to KSH data, Hungary’s live pig exports increased by 27.1 percent to 19,000 tons in January-July 2024 compared to January-July 2023. The main partners were Romania, Austria, Albania and...
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“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...
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The processing sales price of UHT milk increased the most in September
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 173.21/kilogram in September 2024. In addition to a 0.1 percentage point improvement in...
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The producer price of red onion remains well below last year’s
According to KSH data, the yield of red onions in the last five years ranged between 38.5 and 58.2 thousand tons. In 2023, it produced 13 percent more red onions...
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KSH: industrial production fell by 9.5 percent in August
In August 2024, the volume of industrial production was 9.5 percent, or 4.1 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...
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KSH: in September, consumer prices increased by 3.0 percent on average compared to the same month of the previous year
In September, consumer prices were on average 3.0 percent higher than a year earlier. In one month, they decreased by an average of 0.1 percent, within which vehicle fuels became...
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