Irish CSO Reports
24 May 2012
Agricultural Price Indices - March 2012
The agricultural output price index was down 0.5% in March 2012.
The agricultural output price index decreased by 0.5% in March 2012 compared with February 2012. The agricultural input price index increased by 0.7% over the same period. Thus, the resulting terms of trade index decreased by 1.2% in March 2012. See Tables 1a, 2a and graph. [For tables, please download the document]
The seasonally adjusted output price index in March 2012 was 0.8% higher than in
February 2012. See Table 3. [For Table 3, please download the document]
On an annual comparison, the agricultural output price index in March 2012 was
11.0% higher than in March 2011. The agricultural input price index was up 1.2%
in March 2012 compared with March 2011.
A further comparison of the March 2012 sub-indices with March 2011 shows that:
- Cattle, poultry and pig prices increased by 23.1%, 20.5% and 7.5% respectively, while potatoes (incl. seeds) decreased by 19.5%. See Tables 1a and 1b.
- Seeds, energy, and fertiliser prices increased by 7.7%, 7.6% and 3.1% respectively, while feeding stuffs decreased by 0.6%. See Tables 2a and 2b.
Annual EU output and input price index changes (base year 2005 = 100) for selected items are shown at the back of this release.
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