Producer Price Index of Agricultural Products, January 2021
Compared to the previous month in sectors; products of agriculture, hunting and related services increased by 2.88%, fishing products and other fishing products increased by 4.63% and forestry products and related services decreased by 8.95%. Regarding monthly changes by main groups; perennial crops increased by 1.39%, non-perennial crops increased by 2.54% and live animals and animal products increased by 4.46%.
Agriculture-PPI annual change (%), January 2021
The highest annual increase was 34.39% in citrus fruits subgroup
In January 2021, poultry, live and eggs with 31.83% and rice (in hulk) with 30.99% were the subgroups where high increases realized. On the other hand, other tree and bush fruits and nuts with 0.01% was the only subgroup that indicated annual decrease. Vegetables and melons, roots and tubers with %10.68, dairy cattle, live and raw milk from dairy cattle with 12.96% and oleaginous fruits with 14.17% were the subgroups where low annual increases realized.
Agriculture – PPI annual rate of changes in subgroups (%), January 2021
The highest monthly increase was 8.07% in poultry, live and eggs subgroup
In January 2021, fibre plants with 6.23% and other farmed animals and animal products with 4.44% were the subgroups where high increases realized. On the other hand, oleaginous fruits with 0.21% was the only subgroup where monthly decrease realized. Cereals (except rice), leguminous crops and oil seeds with 0.56% and rice (in hulk) with 1.58% were the subgroups that indicated lowest monthly increases.
Agriculture – PPI monthly rate of changes in subgroups (%), January 2021
In January 2021 within average prices of 86 items in the index; the average prices of 20 items decreased and the average prices of 6 items remained unchanged while the average prices of 60 items increased.
The next release on this subject will be on March 15, 2021.
Source: TurkStat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.