Producer Price Index - Agriculture (PPI-A) - 4^th Quarter 2023

Highlights

 (Base period year 2018 = 100)​

1. Monthly index

​Overall index

    -  PPI-A, which was 172.1 in September 2023, increased by 2.5% to reach 176.4 in December 2023. The monthly changes were as follows: October (-3.1%), November (+4.4%) and December (+1.3%).

Sugar cane 

    -  The index for the period July to December 2023 was 267.8 based on the forecasted price of sugar for the crop year 2023-2024. This represents an increase of 1.7% over the price of sugar for the crop year 2022-2023.

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• Other crop products 
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•      -  The index for "Other crop products" which was 145.6 in September 2023, increased by 2.2% to reach 148.8 in December 2023, mainly due to increases in the prices of fruits and nuts (+12.2%), partly offset by decreases in the prices of fresh vegetables (brinjal and other fresh vegetables) (-3.1%).

Animals and animal products

• ​    -  The index for the sub-group "Animals and animal products" which was 147.0 in September 2023, increased by 4.9% to reach 154.2 in December 2023, mainly due to increases in the prices of poultry (+7.2%).  

 2. Quarterly index

• ​The overall index for the fourth quarter of 2023 decreased by 2.4% when compared to the previous quarter and increased by 1.7% when compared to the corresponding quarter.
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  ​ 04 March 2024

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