- 14 Mar 2020 6:53 AM
- Budapest Business Journal
In one year, the price of live pigs has risen by more than 50% in forint terms.
This is largely a reflection of EU market developments, as the European average price rose by more than 40% in euros, and the weakening of the forint also contributed to the rise, said Tamás Éder, president of the Hungarian Meat Industry Association.
This has a direct effect on Hungarian prices, as they are in most cases tied to European prices, and German prices in particular, and are settled in HUF, vg.hu notes.