1. Monthly index
The Producer Price Index–Agriculture, which was 100.7 in September 2015, went down by 4.9% to reach 95.8 in December 2015. This drop was due to decreases of 3.4%, 0.9% and 0.6% in October, November and December respectively.
The index for “Sugar cane” for the period July to December 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 October 2015, the index for “Other crop products” decreased by 10.7% mainly due to decreases in the prices of fresh vegetables (-15.2%) and fruits and nuts (-10.1%).
In November 2015, the index went down by 3.6% largely as a result of decreases in the prices of fresh vegetables (-6.9%) and fruits and nuts (-2.6%).
In December 2015, the index declined further by 4.9% mainly due to decreases in the prices of fresh vegetables (-7.1%) and fruits and nuts (-8.8%).
Animals and animal products
In October 2015, the index for “Animals and animal products” decreased by 2.7% mainly due to decreases in the prices of eggs (-8.8%) and poultry (-1.0%), partly offset by higher prices of cattle (+1.1%).
In November 2015, the index went down by 0.4% due to decreases in the prices of eggs (-1.5%) and pigs (-5.3%)
In December 2015, the index increased by 0.9% due to an increase in the prices of poultry (+2.6%), partly offset by lower prices of eggs (-5.1%).
2. Quarterly index
During the fourth quarter of 2015, PPI-A dropped by 3.2% compared to the previous quarter. This was mainly due to lower prices of fresh vegetables (-14.8%), fruits and nuts (-15.4%) and animal and animals products (-2.7%).
Compared to the fourth quarter of 2014, the index increased by 2.6%.
3. Yearly index
In 2015, producer prices of agricultural products were on average 3.4% lower compared to 2014.