June 16, 2022
Agriculture-PPI (2015=100) on the previous month increased by 16.18%, on December of the previous year increased by 100.17%, on same month of the previous year increased by 154.97% and on the twelve months moving averages basis increased by 57.05% in May 2022.
Compared to the previous month in sectors; forestry products and related services increased by 6.11%, fishing products and other fishing products increased by 9.46% and products of agriculture, hunting and related services increased by 16.73%. Regarding monthly changes by main groups; non-perennial crops increased by 4.38%, live animals and animal products increased by 14.88% and perennial crops increased by 59.15%.
Agriculture-PPI annual change (%), May 2022
Compared to general Agriculture-PPI, lower annual change observed in 8 subgroups while 2 subgroups were higher
Other farmed animals and animal products with 55.11% and sheep and goats, live; raw milk and shorn wool from sheep and goats with 61.80% were the subgroups that indicated lowest annual increase. On the other hand, fibre plants with 273.94% and vegetables and melons, roots and tubers with 230.22% were the subgroups where high annual increases realized.
Agriculture-PPI annual rate of changes in subgroups (%), May 2022
Compared to general Agriculture-PPI, lower monthly change observed in 9 subgroups while 1 subgroups were higher
Other tree and bush fruits and nuts with 1.34% and vegetables and melons, roots and tubers with 2.22% were the subgroups that indicated lowest monthly increase. On the other hand, dairy cattle, live and raw milk from dairy cattle with 18.28% was the subgroup that indicated high monthly increase. The subgroups that monthly decrease observed were fibre plants with 5.10% and poultry, live and eggs with 3.97%.
Agriculture – PPI monthly rate of changes in subgroups (%), May 2022
In May 2022, within average prices of 82 items in the index; the average prices of 18 items decreased and the average prices of 16 items remained unchanged while the average prices of 48 items increased.
The next release on this subject will be on July 18, 2022.
Source: Turkish Statistical Institute (TurkStat)
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