PPIA_3Qtr21

 

​Highlights

1. Monthly index

​Overall index

The Producer Price Index–Agriculture, which was 126.5 in June 2021 decreased by 9.2% to reach 114.8 in September 2021. The monthly changes were as follows: July (-3.1%), August (-6.6%) and September (+0.3%).

Sugar cane

The index for the period July to September 2021 was 94.8 based on the forecast for the crop year 2021-2022. This represents an increase of 6.8% over the 2020 crop.

Other crop products

•    -  In July, the index fell by 10.0%, mainly due to decreases of 14.8% in the prices of fresh vegetables (tomato and creepers).
   
•    -  In August, the index fell by 16.9% mainly due to decreases in the prices of fresh vegetables (tomato, creepers, other fresh vegetables and cabbage) (-29.2%), partly mitigated by increases in the prices of fruits and nuts (pineapple) (+5.3%).
   
•    -   In September, the index rose by 0.6% mainly due to increases in the prices of fruits and nuts (+12.2%) and stimulant & spice (+12.9%), partly offset by decreases of 6.6% in the prices of fresh vegetables (tomato, carrot and creepers).
  
   
  Animals and animal products
   

•     -  In July, the index decreased by 1.8%, mainly due to decreases in the prices of eggs (-12.9%), partly mitigated by increases in the prices of cattle (+3.0%).
  
      -  In August and September, the index remained unchanged at 106.4.
  
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  2. Quarterly index

The overall index for the third quarter of 2021 decreased by 5.7% when compared to the previous quarter and increased by 11.4% when compared to the corresponding quarter.

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22 November 2021