November 15, 2017 / 8:00 AM / a year ago

Hungary's Sept farm PPI 5.5 pct y/y, highest in nearly two years -stats

BUDAPEST, Nov 15 (Reuters) - Hungarian agricultural producer prices rose by an annual 5.5 percent in September after a 3.4 percent increase in August, posting the fastest increase in nearly two years, data showed on Wednesday.

Vegetable, fruit and cereals prices rose by 4 percent from the previous year in September, the Central Statistics Office (KSH) said, bolstered by a 13-percent jump in wheat prices and a 68-percent surge in apple prices.

Livestock and related product prices rose by 7.9 percent year-on-year, with milk prices jumping by an annual 30 percent, the KSH said.

In the January-September period, agricultural producer prices were 3.4 percent higher year-on-year, driven by an 11-percent increase in livestock and related product prices. (Reporting by Gergely Szakacs)

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