The agricultural producer prices are driven down by global overproduction
According to the latest data of the Central Statistical Office (KSH), the twenty-two month-long downward trend in the agricultural price index continued in April 2015.
According to the data of KSH, in April 2015 agricultural producer prices were 8.0 percent below the same period of the previous year. In particular, the prices of crop products decreased by 7.4 percent, while the price of live animals and animal products fell by 9.0 percent. The price of the cereals decreased by 16, the price of potatoes by 28 and the agricultural producer price of fruit decreased by 9.5 percent. (agrarszektor.hu, Fórián Zoltán, leading agricultural expert, Agricultural Bank Savings Centre)
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