Hungary: The rise in agricultural purchase prices continued to accelerate in June

In June, the average purchase price of agricultural products was 20.5 percent higher than a year earlier, up 3.1 percentage points from 17.4 percent a month earlier. The base effect may have played a role in the recovery, as the rate of appreciation slowed by 2.5 percentage points to 4.5 per cent from May to June last year. Potatoes and eggs showed the largest price increases. Agricultural purchase prices continued to rise. The annual increase in the average purchase price of crop and horticultural products accelerated from 23.5 per cent in May to 3.8 percentage points to 27.3 per cent. Cereal prices were 37.4 per cent higher than in June last year, the annual rise in wheat prices moderated to 24.0 per cent from 31.1 per cent in May, and the rise in maize prices rose further to 51.3 per cent from 48.8 per cent in May, differences can also be seen. The purchase price of potatoes was 24.8 percent higher than in June last year, a jump of 45.7 percentage points from a 20.9 percent ...