Producer Price Index of Agricultural Products, January 2020 in Turkey

Agriculture-PPI (2015=100) on the previous month increased by 3.02%, on December of the previous year increased  by 3.02%, on same month of the previous year increased by 10.41% and on the twelve months moving averages basis increased by 21.48% in January 2020.
Compared to the previous month in sectors; product of agriculture, hunting and relating services increased by 2.94%, forestry products and related services increased by 3.37% and fishing products and other fishing products increased by 5.54%. Regarding monthly changes by main groups; perennial crops decreased by 1.60%, live animals, animal products increased by 2.55% and non-perennial crops increased by 5.82%.

Agriculture-PPI annual change (%), January 2020

The lowest annual decrease was 20.07% in vegetables and melons, root and tubers subgroup

In January 2020, poultry, live and eggs was the other subgroup where high annual decreases realized with 10.27% on the same month of the previous year. On the other hand, other tree and bush fruits and nuts with 43.58% and citrus fruits with 39.39% were the subgroups where high annual increases realized on the same month of the previous year.

Agriculture – PPI annual rate of changes in subgroups (%), January 2020

The highest monthly decrease was 1.55% in fibre plants subgroup

In January 2020, the other group that indicated a decrease was sheep and goats, live;raw milk and shorn wool from sheep and goats with 0.37% amongst the subgroups. On the other hand, vegetables and melons, roots and tubers with 11.19% and citrus fruits with 3.95% were the subgroups where high monthly increases realized.

Agriculture – PPI monthly rate of changes in subgroups (%), January 2020

In January 2020 within average prices of 86 items in the index; while 1 new item was included this month, the average prices of 18 items decreased and the average prices of 9 items remained unchanged while the average prices of 58 items increased.

The next release on this subject will be on March 16, 2020.


Source: TurkStat
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