Hungary's agricultural PPI up 18.5% y/y in November 2012.

By bne IntelliNews January 15, 2013
Hungary's agricultural producer price index (PPI) increased by 18.5% y/y in November 2012, decelerating from a revised growth of 24.5% y/y in the previous month, data from the statistics office showed. Crop prices rose 25% y/y in November, following a 33.3% annual growth a month earlier, pushed up by a 31.1% surge in cereals prices. Producer prices of fresh vegetables rose by 17.1% y/y and of potatoes prices jumped 87.6% y/y. Prices of industrial crops advanced by 15% y/y, boosted by a 17.2% growth in the price of oil seeds. Bu contrast, costs of fruits reversed to a 1.7% y/y decline after growing in the previous five months. Producer prices in the crops segment started growing in July, after declining in the previous six months. The producer price of live animals was 7.5% higher y/y in November, as prices of poultry for slaughter grew 12.5%, pigs for slaughter went up by 6.8%, while prices of cattle for slaughter declined by 4.7% y/y. The price of animal products rose by 7.6% y/y in November, reflecting a 34.9% jump in egg prices, while milk prices edged down by 0.1% y/y. In the first eleven months of 2012, agricultural producer prices in the country grew 15.4% y/y, with live animals and animal products increasing by 11.7% y/y and crops costs advancing by 17.4% y/y.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more

Hungary's number of employees down 0.6% y/y in Jan 2013.

The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more

Hungarys MVM clears deal for purchasing E.ONs local units.

The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more

Most Read

  1. Azerbaijan makes territorial gains in Nakhchivan as fighting with Armenia flares
    4 days ago
  2. Turkish Elections: Expect the unexpected
    3 days ago
  3. Irish tech titan lines up stake in Slovak AI firm
    6 days ago
  4. UPDATED: Leader of Romania’s ruling PSD gets prison sentence in abuse of office case
    3 days ago
  5. STOLYPIN: Putin builds a Presidential Administration fit for stagnation
    10 days ago
  1. KRUK REPORT: The unbearable lightness of being alive
    24 days ago
  2. COMMENT: Russia’s oil giant Rosneft just crossed one of China’s red lines in Vietnam
    19 days ago
  3. STOLYPIN: Putin builds a Presidential Administration fit for stagnation
    10 days ago
  4. Azerbaijan makes territorial gains in Nakhchivan as fighting with Armenia flares
    4 days ago
  5. Blow for tourism industry as Albania revealed to have Europe’s dirtiest bathing water
    25 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss