Irish CSO Reports
21 January 2013
Irish CSO - Agricultural Price Indices November 2012
Agricultural Output Price Index up 1.6% in November 2012
The agricultural output price index increased by 1.6% in November 2012 compared with October 2012. The agricultural input price index increased by 0.1% over the same period. Thus, the resulting terms of trade index increased by 1.6% in November 2012. See Tables 1, 2 and graph.
On an annual basis, the agricultural output price index in November 2012 was 2.6% higher than in November 2011. The agricultural input price index was up 8.1% in November 2012 compared with November 2011.
A further comparison of the November 2012 sub-indices with November 2011 shows that:
- Potatoes (incl. seeds), cereals (incl. seeds), pigs, eggs and cattle prices increased by 192.9%, 30.2%, 17.7%, 16.7% and 0.5% respectively, while sheep and milk prices decreased by 9.0% and 7.7%. See Table 1.
- Feeding stuffs, energy and fertiliser prices increased by 16.4%, 6.9% and 1.5% respectively. See Table 2.
Agricultural Price Indices Unadjusted
| Unadjusted for Seasonal Factors | |||
|---|---|---|---|
| Output | Input | Terms of Trade | |
| Base year 2005 = 100 | |||
| October 2012 | 136.7 | 139.6 | 97.9 |
| November 2012 | 139.0 | 139.7 | 99.5 |
| Percentage change | 1.6% | 0.1% | 1.6% |
January 2013
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