Farmgate prices in Hungary went down 9.5 percent in 2009 as crop prices fell 12.7 percent and livestock and animal product prices dropped 4.6 percent on the previous year, the Central Statistical Office (KSH) reported on Tuesday.
Farmers’ terms of trade worsened 3.9 percent in 2008 as agricultural input prices fell 5.8 percent, less than the 9.5 percent decrease in farmgate prices, KSH reported.
The price of goods and services currently used in agriculture fell 7.0 percent last year after a sharp 16.6 percent increase in 2008.
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