Agricultural producer prices up by 2.5%
Agricultural producer prices were 2.5% higher in June 2017 than in the corresponding period of the previous year, which was made up of a 3.1% decrease in the price of crop products and a 13% rise in the price of live animals and animal products. Agricultural input prices were 1.2% lower in the first half-year than a year earlier.
In June 2017 compared to June 2016:
Cereals prices were down by 7.2%.
The price of fruits rose by 18% and that of cherry fruits, with a significant weight this month, by 27%.
Vegetables prices were cut by 0.8%, the prices of onions and carrots were lowered by 14% and 17%, respectively, while the price of tomatoes rose by 31% (along with a volume increase of more than 20%).
Potatoes prices were down by 22%.
The producer price level of live animals rose by 8.7% and that of animal products by 23%.
The price of pigs for slaughter increased by 19% to 451 forints per kilogramme, which was the highest procurement price in the past few years.
The price of chickens for slaughter was reduced by 2.8%. In the last five months the procurement price of chickens for slaughter stagnated around 250 forints per kilogramme.
Milk prices were up by 32%.
In January–June 2017 compared to the same period of the previous year:
Agricultural producer prices increased by 2.1%. Within this, the price of crop products was cut by 3.0% and that of live animals and animal products rose by 12%.
Vegetables prices were down by 4.2% and fruits prices were up by 9.6%.
The price of potatoes decreased by 7.4%.
The price of pigs for slaughter rose by 25% and milk prices by 24%.
The input prices of agricultural production were lowered by 1.2%, which resulted from a 1.6% decrease in the price level of intermediate consumption and a 1.7% rise in the price level of agricultural investments.
The largest declines were recorded in fertilisers and animal feedingstuffs prices, the former were 11% and the latter 6.2% lower. Fertilisers prices steadily lessened in 2016 and approximated by the end of the year the 2010 price level, however, the prices in the first half of 2017 already rose continuously.
The price of plant protection products was cut slightly, by 0.9%.
Energy and lubricants prices were up by 8.4%, which were mainly influenced by a 12% rise in motor fuel prices.
The maintenance costs of buildings and machinery increased by 4.8% and 2.5%, respectively, and the price of veterinary medicinal products was 1.9% higher.
Within the price of agricultural investments, that of investments in buildings rose by 4.9%, while the price of investments in machinery and equipment was 1.0% lower.
The value of the terms of trade (the agricultural producer price index divided by the agricultural input price index) was 103.3%.