Hungary: The rise in agricultural purchase prices accelerated further

Published 2021년 9월 14일

Tridge summary

In July, agricultural purchase prices continued to rise for the third consecutive month, with a year-on-year increase of 21.3%, according to the Central Statistical Office. The prices of crop and horticultural products increased by 27.8% year-on-year, while live animals and animal products prices rose by 9.1%. The price of pigs for slaughter remained slightly lower than the previous year, but poultry prices increased by 4.8%. The price of milk rose by 7.3% in a year, and eggs cost 9.5% more. The price of cereals experienced a slower increase, with wheat prices rising by 21.2% and maize by 40.1%. The prices of vegetables and fruits varied, with some like tomatoes, pears, peaches, and delicacy grapes becoming significantly more expensive.

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Original content

In July, the growth rate of agricultural purchase prices accelerated for the third month in a row: prices were on average 21.3 percent higher than a year earlier, which is 0.8 percentage points higher than in the previous month, according to the latest data from the Central Statistical Office (CSO). Agricultural purchase prices continued to rise Prices of crop and horticultural products rose by an average of 27.8 per cent in one year, purchase prices of live animals and animal products rose by 9.1 per cent, an increase of 1.7 percentage points compared to June, while in the former group the acceleration was 0.5 percentage points. . The purchase price of live animals has risen 7.3 percent since July last year, 2.8 percentage points higher than the annual rise in June. Pigs for slaughter are now only 0.4 per cent cheaper, compared with 3.0 per cent less in July than a year earlier, with poultry purchase prices rising by 4.8 percentage points to 14.0 per cent. However, instead of ...

Source: Trademagazin