The producer price index in agriculture for the fourth quarter of 2022 increased by 18.0% compared to the same quarter of 2021 as a result of an increase in the price index of crop output by 14.7% and livestock output by 36.2%.
Compared to the previous year, the prices of agricultural output increased by 28.2%, and in crop output they increased by 25.9% and in livestock output by 41.3%.
In crop output, in the fourth quarter of 2022, compared to the same quarter of 2021, the highest growth was recorded in the prices of cereals - by 30.3%. The trend also retained in comparison to 2021, with the increase in cereal prices by 47.5% and in industrial crops - by 8.8%.
In animal output, in the fourth quarter of 2022 compared to the same quarter of 2021, the prices of live animals increased by 38.0%, and of animal products output - by 34.3%. Compared to 2021, the increase was respectively 37.5% and 45.2%.
The price index of products and services for currently consumed in agriculture for the fourth quarter of 2022 was higher by 22.8% compared to the same quarter of the previous year and by 38.1% compared to 2021.
The biggest increase compared to the fourth quarter of 2021 was recorded in the prices of mineral fertilizers - by 54.1%, of feedingstuffs - by 30.7% and of seed and planting material - by 24.9%.
Compared to the previous year, the biggest increase was in the prices of: mineral fertilizers by 118.2%, preparations for plant protection - by 38.6% and feedingstuffs - by 38.1%.
