Home News Agricultural Input Price Index in Turkey increased by 7.66% annually and 0.13%...

Agricultural Input Price Index in Turkey increased by 7.66% annually and 0.13% monthly 

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Agricultural Input Price Index, March 2020 in Turkey

Agriculture-PPI (2015=100) increased by 0.13% compared to previous month, increased by 1.71% compared to December of the previous year, increased by 7.66% compared to same month of the previous year and increased by 12.32% compared to twelve month averages, in March 2020.

Monthly changes with respect to previous month by main groups, goods and services currently consumed in agriculture index increased by 0.04% and goods and services contributing to agricultural investment index increased by 0.65%.The goods and services currently consumed in agricultural index increased by 7.30% and goods and services contributing to agricultural investment index increased by 9.96% compared to same month of the previous year.

The highest annual decrease was realized 6.29% in veterinary expenses subgroup

The other subgroup that indicated a decrease was plant protection and pesticides with 2.24%. On the other hand, other goods and services with 10.82, seeds and planting stock with 11.98 and materials with 11.25% subgroups where high annual increases realized.

Agricultural-IPI annual rate of changes in subgroups (%), March 2020

The highest monthly decrease was 6.15% in energy; lubricants subgroup

The other subgroup that indicated high monthly decrease was seeds and planting stock with 0.72% compared to previous month. In March 2020, materials with 0.65%, maintenance of materials with 2.36%, and fertilizer and soil improvers with 2.74% were the subgroups where high monthly increases realized.

Agricultural – IPI monthly rate of changes in subgroups (%), March 2020

The next release on this subject will be on June 19, 2020.


Source: TurkStat
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