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producer price index of agricultural products march 2024

Producer Price Index of Agricultural Products (Agriculture-PPI) increased by 61.87% annually and increased by 5.57% monthly

Foodversy IntelligencePublished 16 Apr 2024
producer price index of agricultural products march 2024

Agriculture-PPI (2020=100) on the previous month increased by 5.57%, on December of the previous year increased by 17.51%, on same month of the previous year increased by 61.87% and on the twelve months moving averages basis increased by 59.98% in March 2024.

Compared to the previous month in sectors; products of agriculture, hunting and related services increased by 5.84%, products of forestry, logging and related services increased by 3.52% and fish and other fishing products; aquaculture products; support services to fishing decreased by 1.18%. Regarding monthly changes by main groups; non-perennial crops increased by 3.27%, perennial crops increased by 7.60% and live animals and animal products increased by 7.12%.

Sources & evidence

producer price index of agricultural products march 2024