Producer Price Index - Agriculture
4th Quarter 2008
Highlights 

1. Monthly index

Overall index

The PPI-A stood at 136.7 in December 2008, following an increase of 2.4% in October, and consecutive drops of 1.1% in November and 1.4% in December respectively.

Sugar cane

The index of sugar cane for the period July to December 2008 was 126.5 based on the provisional price of sugar for the 2008/2009 crop. It is to be noted that the index may be revised at the end of June 2009 when the final price is obtained.

Other crop products

- In October 2008, the index for other crop products went up by 16.6%, due to increases in the prices of fresh vegetables (+22.6%), fruits (+22.5%) and flowers, ornamental plants (+3.7%).
- In November, the index decreased by 4.8% mostly attributable to decreases of 20.3% and 3.6% in the prices of fruits and fresh vegetables respectively.
- In December, the index declined by 6.9%, mainly as a consequence of a drop of 13.9% in the prices of fresh vegetables.

Animals and animal products

- In October 2008, the index for “Animals and animal products” dropped by 2.8%. This was due to combined effects of a decrease of 15.1% in the prices of eggs and increases in the prices of pig (+6.0%), deer (3.9%), milk (+23.5%) and cattle (+6.7%).
- The index fell by 0.2% in November due to a decrease of 0.5% in the prices of eggs.
- Increases of 0.9% in the prices of eggs caused the index to rise by 0.2% in December.

2. Quarterly index

During the fourth quarter of 2008, the PPI-A increased by 0.7% compared to the previous quarter. This was mainly due to higher prices of fruits (+ 21.7%) and milk (+23.5%), partially offset by decreases in the prices of eggs (-17.3%).

Compared to the fourth quarter of 2007, the index went up by 2.2%.

3. Yearly index

In 2008, producer prices of agricultural products were on the average 3.9% higher than in 2007.

March 2009

More: Producer Price Index - Agriculture - 4th Quarter 2008

Introduction

Table 1 : Monthly indices by commodity group and product, January 2006 - December 2008

Table 2 : Percentage changes from previous month by commodity group and product, January 2008 - December 2008

Table 3 : Percentage changes from corresponding month of previous year by commodity group and product, January 2008 - December 2008

Table 4: Quarterly indices ¹ by commodity group and product, 1st Quarter 2007 - 4th Quarter 2008

Table 5: Quarterly changes (%) and net contributions of commodity groups and products to the change, 4th Quarter 2007 - 4th Quarter 2008

Table 6 : Annual indices, annual changes (%) and net contributions of commodity groups and products to the change, 2006 - 2008

Table 7: Monthly indices for the Agricultural Sector, January 2002 - December 2008

Table 8: Monthly indices for the Agricultural Sector, January 1993 - December 2008

Annex 1

 

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