1. Monthly index
The Producer Price Index–Agriculture, which was 95.2 in June 2015, went up by 5.8% to reach 100.7 in September 2015. This rise was due to the combined effects of increases of 2.5% and 3.5% registered in July and August respectively and a decrease of 0.3% in September.
The index for “Sugar cane” for the period July to September 2015 was 71.2 based on the provisional price of sugar for the 2015 crop. This represents an increase of 2.4% over the 2014 crop. It is assumed that the same price prevails during the whole of the crop year.
Other crop products
In July 2015, the index for “Other crop products” increased by 10.6% mainly due to an increase in the prices of fresh vegetables (+18.1%).
In August 2015, the index went up by 17.8% largely as a result of increases in the prices of fresh vegetables (+27.1%) and fruits and nuts (+17.9%).
In September 2015, the index decreased by 1.6% mainly due to decreases in the prices of fresh vegetables (-1.0%) and fruits and nuts (-6.4%).
Animals and animal products
In July 2015, the index for “Animals and animal products” decreased by 1.2% mainly due to decreases in the prices of eggs (-3.9%) and poultry (-0.5%), partly offset by higher prices of goats (+2.0%).
In August and September 2015, the indices remained unchanged.
2. Quarterly index
During the third quarter of 2015, PPI-A increased by 2.3% compared to the previous quarter. This was mainly due to higher prices of fresh vegetables (+10.0%), partly offset by lower prices of animal and animals products (-0.8%).
Compared to the second quarter of 2014, the index dropped by 0.1%.
3. Yearly index
In 2014, producer prices of agricultural products were on average 8.0% lower compared to 2013.