Producer Price Index - Agriculture – 4th Quarter 2022
(Base period year 2018 = 100)
1. Monthly index
Overall index
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- PPI-A, which was 155.5 in September 2022, decreased by 2.9% to reach 151.0 in December 2022. The monthly decreases were as follows: October (-0.5%), November (-0.9%) and December (-1.6%).
Sugar cane
- The index for the period July to December 2022 was 185.4 based on the forecasted price of sugar for the crop year 2022-2023. This represents an increase of 7.4% over the price of sugar for the crop year 2021-2022.
Other crop products
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- The index for "Other crop products" which was 142.9 in September 2022, decreased by 12.3% to reach 125.3 in December 2022, mainly due to decreases in the prices of fruits and nuts (-34.2%) and fresh vegetables (creepers and other fresh vegetables) (-6.1%).
Animals and animal products
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- The index for the sub-group "Animals and animal products" which was 151.1 in September 2022, increased by 2.4% to reach 154.7 in December 2022, mainly due to increases in the prices of poultry (+2.9%), eggs (+1.5%) and cattle (+1.9%).
2. Quarterly index
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- The overall index for the fourth quarter of 2022 increased by 1.6% when compared to the previous quarter and by 28.1% when compared to the corresponding quarter.
03 March 2023