Irish CSO Reports
20 February 2013
Irish CSO: Agricultural Price Indices - December & Year 2012
| Output | Input | Terms of Trade | |
|---|---|---|---|
| Base year 2005=100 | |||
| 2011 | 127.9 | 129.2 | 99.0 |
| 2012 | 132.7 | 135.1 | 98.3 |
| % Change | 3.8% | 4.5% | -0.7% |
Agricultural Input Price Index up 4.5% in 2012
The agricultural input price index increased by 4.5% in 2012 compared with 2011. The agricultural output price index increased by 3.8% over the same period. Thus, the resulting terms of trade index decreased by 0.7% in 2012.
The most significant price changes year on year were:
- Potatoes (incl. seeds), cereals (incl. seeds), cattle and pigs prices increased by 30.5%, 16.5%, 12.0%, 10.8% respectively, while milk and sheep prices decreased by 9.5% and 4.4%.
- Energy, seeds, feeding stuffs and fertiliser prices increased by 8.2%, 7.3%, 6.3% and 3.0% respectively.
On a monthly comparison, the agricultural output price index in December 2012 was 1.4% higher than in November 2012. The agricultural input price index was up 0.2% in December 2012 compared with November 2012.
Agricultural Price Indices
February 2013
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