Producer Price Index of Agricultural Products, June 2019
Agriculture PPI decreased by 2.97% in June
Producer price index of agricultural products (Agriculture – PPI), in June 2019, decreased by 2.97% compared with the previous month, increased by 9.98% compared with December of the previous year, increased by 26.26% compared with the same month of the previous year and increased by 21.33% compared with twelve months averages.
Compared to the previous month; agriculture and hunting products decreased by 3.02%, forestry products decreased by 4.04% and fishing decreased by 0.42%.
The highest monthly decrease was in non-perennial crops
Regarding monthly changes by main groups; non-perennial crops decreased by 6.83%, perennial crops decreased by 4.73% and live animals and animal products increased by 3.76%.
The vegetables from sub-agriculture groups decreased by 15.86%
From sub-agriculture groups; there were increases for dairy cattle, live and raw milk from dairy cattle
by 5.71%, for cereals (except rice), leguminous crops and oil seeds by 4.35% and for other farmed animals and animal products by 1.14% and however, there were decreases for live poultry and eggs by 8.02%, for pome fruits and stone fruits by 7.33% and for other tree and bush fruits and nuts by 3.33%.
In June 2019, 82 items were included in the Agriculture PPI; while 1 new item was included this month, prices of 34 items increased, prices of 39 items decreased and prices of 8 items remained unchanged with respect to previous month.
Agriculture PPI annual change, 2018- 2019
[2015=100]
The next release on this subject will be on August 15, 2019.
Source: TÜİK
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.
