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Farm gate price rise continues to slow

Farm gate prices in Hungary rose by 27.0 percent year-on-year in February, slowing for the fifth month in a row, the Central Statistical Office (KSH) said on Monday.

Crop prices climbed 16.5 percent, as grain prices increased by 22.3 percent but industrial crop prices fell 6.6 percent, dropping for the first time in close to four years. Vegetable prices increased by 30.2 percent, while fruit prices rose 19.5 percent.

The price of livestock and animal products climbed 54.6 percent, as prices for live animals rose 55.6 percent and animal products prices grew by 52.7 percent.

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