Home News Producer Price Index of Agricultural Products in Turkey increased by 16.07% annually...

Producer Price Index of Agricultural Products in Turkey increased by 16.07% annually and 2.17% monthly

20
0

Producer Price Index of Agricultural Products, December 2019 in Turkey

Agriculture-PPI (2015=100) on the previous month increased by 2.17%, on December of the previous year increased by 16.07%, on same month of the previous year increased by 16.07% and on the twelve months moving averages basis increased by 22.74% in December 2019.

Compared to the previous month in sectors; forestry products decreased by 2.42%, agriculture and hunting products increased by 2.18% and fishing increased by 5.49%. Regarding monthly changes by main groups; non-perennial crops increased by 1.11%, live animals, animal products increased by 2.56% and perennial crops increased by 3.58%.

Agriculture-PPI annual change (%), December 2019

The highest annual decrease was 8.28% in poultry, live and eggs subgroup

Vegetables and melons, roots and tubers was the other subgroup where high annual decreases realized with 5.23% on the same month of the previous year. On the other hand, citrus fruits with 48.38%, other tree and bush fruits and nuts with 45.85% were the subgroups where high annual increases realized on the same month of the previous year.

Agriculture – PPI annual rate of changes in subgroups (%), December 2019

The highest monthly decrease was 6.25% in oleaginous fruits subgroupIn December 2019, the other group that indicated a decrease was other farmed animals and animal products with 1.47% amongst the subgroups. On the other hand, other tree and bush fruits and nuts with 4.94 and dairy cattle, live and raw milk from dairy cattle with 3.38% were the subgroups where high monthly increases realized.

Agriculture – PPI monthly rate of changes in subgroups (%), December 2019

In December 2019 within average prices of 86 items in the index, the average prices of 30 items decreased and the average prices of 6 items remained unchanged while the average prices of 50 items increased.

The next release on this subject will be on February 14, 2020.


Source: TurkStat
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 MuhasebeNews 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.


LEAVE A REPLY

Please enter your comment!
Please enter your name here