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CSO statistical release, , 11am

Agricultural Price Indices - Preliminary estimates

2018

OutputInput Terms of Trade
Base year 2015=100
2017106.598.2108.4
2018103.9101.8102.1
% change-2.4%3.6%-5.8%

Agricultural input price index up 3.6% in 2018

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Preliminary estimates of the agricultural price indices for 2018 show a 3.6% increase in input prices from 2017 levels while output prices are estimated to decrease by 2.4%. See Tables 1, 2 and graph.

The projected increase in the input price index of 3.6% is due mainly to an increase in energy (9.0%), fertilisers (5.6%) and feeding stuffs (5.4%). See Table 2.

The projected decrease in the output price index of 2.4% is due mainly to decreases in pigs (-12.8%) and milk (-7.1%). See Table 1.