Irish CSO Reports
30 November 2012
Irish CSO: Agricultural Price Indices - 2012 - Preliminary Estimates
Agricultural input price index up 4.2% in 2012.
Agricultural Price Indices
Preliminary Estimates
Preliminary estimates of the agricultural price indices for 2012 show a 4.2% increase in input prices from 2011 levels while output prices are estimated to increase by 3.6%. The terms of trade index is expected to decrease by 0.6%, indicating an unfavourable price movement for farmers in the year.
The projected increase in the input price index of 4.2% is due mainly to increases in energy (8.6%) and feeding stuffs (5.5%).
Comparison of the projected annual 2012 output price sub-indices with the corresponding 2011 values shows the following changes.
- Cereals price index increased by 16.5%.
- Cattle price index increased by 11.6%.
- Cattle price index increased by 11.6%.
| Agricultural Price Indices 2012 - Preliminary estimates | |||
|---|---|---|---|
| Output | Input | Terms of trade | |
| Base year 2000 = 100 | |||
| 2011 | 127.9 | 129.2 | 99.0 |
| 2012 | 132.5 | 134.7 | 98.4 |
| Percentage change | 3.6% | 4.2% | -0.6% |
November 2012
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