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CSO statistical release, , 11am

Agricultural Price Indices

March 2019

OutputInputTerms of Trade
Base year 2015=100
March 2018104.5100.5104.0
February 2019104.1105.598.7
March 2019103.8105.898.1
Monthly % Change-0.3%0.3%-0.6%
Annual % Change-0.7%5.2%-5.6%

Agricultural input price index up 5.2% in the year to March 2019

Agricultural Price Indices Headline Graph
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The agricultural input price index increased by 0.3% in March 2019 compared with February 2019. The agricultural output price index decreased by 0.3% over the same period. Thus, the resulting terms of trade index decreased by 0.6% in March 2019. See Tables 1, 2 and graph.

On an annual basis, the agricultural input price index increased by 5.2% in March 2019 compared with March 2018. The agricultural output price index was down 0.7% in March 2019 compared with March 2018. See Tables 1 and 2. 

A further comparison of the March 2019 output sub-indices with the March 2018 sub-indices shows that sheep and cattle decreased by 12.4% and 9.0% respectively.

On the input side, the March 2019 sub-indices show that feeding stuffs and fertilisers were up 9.4% and 7.9% respectively on March 2018 prices.