The producer price index in agriculture decreased by 0.9% for the first quarter of 2023 in comparison with the same quarter of 2022 as a result of a decrease in the price index of crop output by 8.6% and an increase in the index of animal output by 36.8%.
Compared to the previous year, the prices of agricultural output decreased by 5.9%, as in crop output they decreased by 12.8% and in animal output they increased by 20.3%.
In crop output, in the first quarter of 2023, compared to the same quarter of 2022, the highest drop was recorded in the prices of industrial crops - by 22.9%. The trend also retained in comparison to 2022, with the decrease in industrial crops - by 16.0%.
In animal output, in the first quarter of 2023 compared to the same quarter of 2022, the prices of live animals increased by 36.7%, and of animal products output - by 36.9%. Compared to 2022, the increase was respectively 16.7% and 23.6%.
The price index for agricultural current consumption products and services for the first quarter of 2023 was higher by 5.6% compared to the same quarter of the previous year and decreased by 1.5% compared to 2022.
The largest increase compared to the first quarter of 2022 was recorded in the prices of animal feedingstuffs - by 25.3%, of seed and planting material - by 23.2%, and of veterinary expenses - by 8.3%.
Compared to the previous year, the biggest increase was in the prices of: seed and planting material - by 13.4%, animal feedingstuffs - by 9.2%, and veterinary expenses - by 3.1%.
