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Price Indices and Prices in the Food Sector – Annual and Monthly Statistics – 2016:03
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Agricultural Input Price Index decreased by -1.7 % between March 2015 and March 2016. Prices for Goods and services currently consumed in agriculture decreased by -2.7 % while prices for Goods and services contributing to agricultural investments increased by 1.5 %. The highest increase was found in Plant protection products and pesticides (+2.5 %) followed by Materials (+1.8 %). Fertilisers and soil improvers (-7.5 %) followed by Energy and lubricants (-7.0 %) decreased the most but it was Animal feedingstuffs (‑4.4 %) that contributed the most to the total decrease in the input price index.
Agricultural Output Price Index increased by 1.0 % between March 2015 and March 2016. Index for Crop output decreased by ‑0.7 %. Decreases were found in prices for Cereals (-17.2 %), Industrial crops (‑0.6 %) and Forage plants (‑0.5 %). The biggest increase among the crops was found in prices for Potatoes (+38.1 %) and Fruits and horticultural products (+7.5 %). Animal output increased by 2.3 %. This is explained by higher prices for Animals during the period. Prices for Pigs, for example, increased by 10.8 %.
“Price Index for the Food Industry, food from price regulated agricultural products” increased by 3.9 % between March 2015 and March 2016. Crop products and Animal products increased by 5.0 and 3.2 % respectively.
“Consumer Price Index, food from price regulated agricultural products” increased by 0.9 % between March 2015 and March 2016. Total Consumer Price Index (CPI) increased by 0.8 % during the same period.