Producer Price Index of Agricultural Products in Türkiye, June 2024

Producer Price Index of Agricultural Products (Agriculture-PPI) increased by 54.58% annually and increased by 1.95% monthly

Agriculture-PPI (2020=100) on the previous month increased by 1.95%, on December of the previous year increased by 21.91%, on same month of the previous year increased by 54.58% and on the twelve months moving averages basis increased by 61.49% in June 2024.

Compared to the previous month in sectors; products of agriculture, hunting and related services increased by 1.99%, products of forestry, logging and related services increased by 0.59% and fish and other fishing products; aquaculture products; support services to fishing increased by 2.17%. Regarding monthly changes by main groups; non-perennial crops increased by 9.72%, perennial crops decreased by 4.23% and live animals and animal products increased by 0.01%.

Rates of change by sectors and main groups of Agriculture-PPI, June 2024

Index Monthly rate of change (%) Rate of change on December of the previous year (%) Annual rate of change (%) Rate of change in twelve months moving averages (%)
Agriculture-PPI 667.99 1.95 21.91 54.58 61.49
Products of agriculture, hunting and related services 661.53 1.99 21.56 54.89 62.14
Non-perennial crops 637.34 9.72 13.42 43.02 45.09
Perennial crops 630.44 -4.23 34.57 69.43 83.73
Live animals and animal products 731.98 0.01 27.30 59.55 72.55
Products of forestry, logging and related services 880.87 0.59 24.51 46.02 50.23
Fish and other fishing products; aquaculture products; support services to fishing 693.35 2.17 31.44 55.25 54.51

Oleaginous fruits with an increase of 156.24% was the subgroup that indicated the highest annual rate of change. Pome fruits and stone fruits with a decrease of 22.70% was the subgroup that indicated the highest monthly rate of change.


Source: Turkish Statistical Institute (TurkStat)
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