21.01.2021

Agricultural Input Price Index, November 2020

Agriculture-PPI (2015=100) increased by 3.23% compared to previous month, increased by 14.40% compared to December of the previous year, increased by 15.35% compared to same month of the previous year and increased by 9.21% compared to twelve months averages, in November 2020.

Monthly changes with respect to previous month by main groups, goods and services contributing to agricultural investment index increased by 2.16% and goods and services currently consumed in agricultural index increased by 3.41%. The goods and services currently consumed in agricultural index increased by 14.94% and goods and services contributing to agricultural investment index increased by 17.96% compared to same month of the previous year.

Annual rate of changes of Agricultural-IPI (%), November 2020

The highest annual increase was realized 36.69% in maintenance of materials subgroup

The other subgroups that indicated a high increase were farm buildings (non-residential) with 24.38% and animal feedingstuffs with 23.37%. On the other hand, veterinary expenses with 0.62% and seed and planting stock with 0.64% and energy;lubricants with 0.89% were the subgroups where low annual increases realized.

Agricultural-IPI annual rate of changes in subgroups (%), November 2020

The highest monthly increase was 4.89% in animal feedingstuffs subgroup

By the subgroups that indicated high increase were maintenance of materials with 4.06% and maintenance of buildings with 3.38%. On the other hand, seeds and planting stock with 0.35%, other goods and services with 0.80% and plant protection and services with 0.94% were the subgroups where low monthly increases realized.

Agricultural – IPI monthly rate of changes in subgroups (%), November 2020

The next release on this subject will be on February 19, 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 Karen Audit 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.