| Table 2.1 Agricultural Price Indices February 2018 | |||
| Output | Input | Terms of Trade | |
| Base year 2015=100 | |||
| February 2017 | 103.4 | 98.2 | 105.3 |
| January 2018 | 108.8 | 99.6 | 109.2 |
| February 2018 | 107.2 | 100.1 | 107.1 |
| Monthly % Change | -1.5% | 0.5% | -1.9% |
| Annual % Change | 3.6% | 1.9% | 1.7% |
| Total outputs | Total inputs | |
| Jan 2015 | 104.38 | 99.614 |
| Feb 2015 | 106.173 | 99.715 |
| Mar 2015 | 103.347 | 100.029 |
| Apr 2015 | 103.737 | 100.378 |
| May 2015 | 101.511 | 101.100 |
| Jun 2015 | 101.591 | 100.830 |
| Jul 2015 | 100.73 | 100.634 |
| Aug 2015 | 97.824 | 100.224 |
| Sep 2015 | 98.01 | 99.615 |
| Oct 2015 | 97.553 | 99.489 |
| Nov 2015 | 97.028 | 99.313 |
| Dec 2015 | 97.35 | 99.059 |
| Jan 2016 | 98.351 | 98.874 |
| Feb 2016 | 98.398 | 98.348 |
| Mar 2016 | 94.261 | 98.330 |
| Apr 2016 | 94.043 | 99.153 |
| May 2016 | 94.707 | 98.919 |
| Jun 2016 | 94.887 | 98.456 |
| Jul 2016 | 93.464 | 97.867 |
| Aug 2016 | 93.828 | 96.853 |
| Sep 2016 | 96.585 | 96.897 |
| Oct 2016 | 97.631 | 96.790 |
| Nov 2016 | 99.259 | 96.871 |
| Dec 2016 | 101.446 | 96.989 |
| Jan 2017 | 104.408 | 97.448 |
| Feb 2017 | 103.422 | 98.203 |
| Mar 2017 | 103.692 | 98.280 |
| Apr 2017 | 104.55 | 98.482 |
| May 2017 | 107.221 | 97.999 |
| Jun 2017 | 108.517 | 97.441 |
| Jul 2017 | 108.582 | 97.009 |
| Aug 2017 | 107.468 | 97.784 |
| Sep 2017 | 108.378 | 98.003 |
| Oct 2017 | 107.179 | 98.356 |
| Nov 2017 | 107.331 | 98.886 |
| Dec 2017 | 108.381 | 98.983 |
| Jan 2018 | 108.783 | 99.619 |
| Feb 2018 | 107.18 | 100.085 |
The agricultural output price index decreased by 1.5% in February 2018 compared with January 2018. The agricultural input price index increased by 0.5% over the same period. The resulting terms of trade index decreased by 1.9% in February 2018.
On an annual basis, the agricultural output price index was up 3.6% in February 2018 compared with February 2017. The agricultural input price index increased by 1.9% in February 2018 compared with February 2017.
A further comparison of the February 2018 output sub-indices with the February 2017 sub-indices show that the largest increases were in sheep and milk which were up 11.4% and 8.4% respectfully.
On the input side, the biggest increases were in electricity and fertilisers, up 6.8% and 3.6% on February 2017 prices.
Go to next chapter >>> Output Price Indices
