Hungarian farm gate prices up 4.4 pc, industrial output up 4.0 pc in November 2018

Farm gate prices in Hungary were up by an annual 4.4 percent in November 2018, the Central Statistical Office (KSH) said on Monday.

The price of live animals and animal products fell by 3.1 percent while crop prices were up by 9.1 percent.

Grain prices were up by 13 percent with the price of maize up 6.0 percent and wheat prices rising by 22 percent.

Fruit prices were down by 27 percent as apple prices dropped by 43 percent and grape prices fell by 9.0 percent.

The price of vegetables was up by 38 percent. Tomato potato prices rose 12 percent and onion prices by 69 percent.

Prices of live animals were down by 1.3 percent as pork prices dropped 4.5 percent and poultry prices rose by 1.0 percent.

In January-November, farm gate prices increased 2.4 percent year-on-year as crop prices rose by 5.3 percent and the price of livestock and animal products was down by 2.2 percent.

In the first eleven months vegetable prices were up 15 percent and fruit prices were down 15 percent. Egg prices were 5.6 percent higher.

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Industrial output up 4.0 pc in Nov 2018, KSH confirms

Hungary’s industrial output rose by an unadjusted 4.0 percent year on year and by an annual 3.5 percent according to workday-adjusted figures in November 2018,

the Central Statistical Office (KSH) said on Monday, confirming a first reading released on January 8, 2019.

In a month-on-month comparison, output in November was up a seasonally- and work day-adjusted 1.1 percent.

Photo: MTI (illustration)

Source: MTI