Price Indices in Agriculture, First Quarter of 2017
The producer price index in agriculture in the first quarter of 2017 increased by 4.7% in comparison with the same quarter of 2016. The crop output index increased by 6.7%, as well the animal output index - by 1.8%. In comparison with previous year the prices of agricultural output went up by 6.8% due to the increase in crop output price index - by 7.8% and in animal output price index - by 5.2%.
The index of prices of goods and services currently consumed in agriculture in the first quarter of 2017 was 1.4% above the level in the same quarter of previous year and by 1.7% compared to 2016.