TURKSTAT announced the Agricultural Input Price Index (Agriculture-GFE). According to the report, Agricultural input price index increased by 134.76% on an annual basis and by 2.68% on a monthly basis.
In Agriculture-GFE (2015=100), in October 2022, 2.68% compared to the previous month, 97.00% compared to December of the previous year, 134.76% compared to the same month of the previous year and twelve-month averages. There was an increase of 105.81% compared to the previous year.
Compared to the previous month, the index of goods and services used in agriculture increased by 2.34% and the index of goods and services contributing to agricultural investment increased by 5.43% in the main groups. Compared to the same month of the previous year, the index of goods and services contributing to agricultural investment increased by 100.96% and the index of goods and services used in agriculture increased by 140.04%.
Agriculture-GFE and rates of change by main groups, October 2022
Agri-GFE annual rate of change (%), October 2022
According to the Annual Agri-GFE, 7 subgroups showed lower variation and 4 subgroups higher variation
The subgroups with low annual increase were veterinary expenditures with 38.42% and other goods and services with 63.76%, respectively. On the other hand, the subgroups with the highest annual increase were energy and oils with 196.89% and fertilizer and soil improvers with 192.52%, respectively.
Agri-GFE annual rate of change by subgroups (%), October 2022
According to the monthly Agri-GFE, 4 subgroups showed lower change and 7 subgroups changed higher
The subgroups with low monthly increase were other goods and services with 0.39% and machinery maintenance costs with 0.67%, respectively. On the other hand, the subgroups with the highest monthly increase were materials with 6.79% and energy and oils with 4.11%, respectively.
Agriculture-GFE and rate of change (%), by main and subgroups, October 2022
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