​Producer Price Index - Agriculture (PPI-A) - 2^nd Quarter 2024

Highlights

(Base period year 2018 = 100)

1. Monthly index

​Overall index

•    - PPI-A, which was 213.2 in March 2024, decreased by 11.6% to reach 188.5 in June 2024. The monthly decreases were as follows: April (-5.5%), May (-2.6%) and June (-3.9%).
  
  Sugar cane 

•    - The index for the period July 2023 to June 2024 was 318.8 based on the final price of sugar for the crop year 2023-2024. This represents an increase of 21.1% over the price of sugar for the crop year 2022-2023.

Other crop products

• ​   -  The index for "Other crop products" which was 220.8 in March 2024, decreased by 32.6% to reach 148.9 in June 2024, mainly due to a decrease of 46.6% in the prices of fresh vegetables such as tomato, creepers and cabbage, partly mitigated by an increase of 11.1% in the prices of fruits and nuts such as pineapple.
  
  Animals and animal products 

•    -  The index for the sub-group "Animals and animal products" which was 156.5 in March 2024, increased by 0.3% to reach 156.9 in June 2024, mainly due to increases in the prices of deer (+13.8%), cattle (+1.0%) and eggs (+0.1%).

  2. Quarterly index

• ​The overall index for the second quarter of 2024 decreased by 8.1% when compared to the previous quarter and increased by 11.9% when compared to the corresponding quarter.
  

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  ​​21 August 2024

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