Agricultural input price indices, July 2023
Agricultural input prices down for the fifth successive month
Agricultural input prices went down in July on average by 0.3%. At the monthly level, the prices of fertilizers, animal feedingstuffs, and goods and services for maintenance of buildings all went down.
Prices down in the monthly …
Compared to June, prices decreased on average by 0.3%. The prices of goods and services currently consumed in agriculture (input 1) went down on average by 0.5%, while the prices of goods and services contributing to agricultural investment (input 2) went slightly up (by 0.1%).
In the first group (input 1), the prices of fertilizers decreased by 5.1%, of animal feedingstuffs by 1.3% and of goods and services for maintenance of buildings by 0.6%.
In the group fertilizers, the prices of PK-fertilizers and of NPK-fertilizers considerably decreased (by 18.4% and by 7.5%, respectively), while in the group animal feedingstuffs only the prices of cereals and milling by-products and of compound feedingstuffs for poultry decreased (by 0.6% and by 2.3%, respectively).
In the second group (input 2), the prices of materials remained the same as in the previous month, while the prices of buildings were higher on average by 0.2%.
… as well as in the annual comparison
Agricultural input prices were 3.0% lower than a year ago. The prices of goods and services currently consumed in agriculture went down by 6.2%, while the prices of goods and services contributing to agricultural investment went up by 5.1%.
At the annual level, the price decreases were recorded only at fertilizers (by 39.2%) and at energy and lubricants (by 17.1%).
Tables with the latest data (monthly base price indices) are available in the SiStat Database.
Compared to June, prices decreased on average by 0.3%. The prices of goods and services currently consumed in agriculture (input 1) went down on average by 0.5%, while the prices of goods and services contributing to agricultural investment (input 2) went slightly up (by 0.1%).
In the first group (input 1), the prices of fertilizers decreased by 5.1%, of animal feedingstuffs by 1.3% and of goods and services for maintenance of buildings by 0.6%.
In the group fertilizers, the prices of PK-fertilizers and of NPK-fertilizers considerably decreased (by 18.4% and by 7.5%, respectively), while in the group animal feedingstuffs only the prices of cereals and milling by-products and of compound feedingstuffs for poultry decreased (by 0.6% and by 2.3%, respectively).
In the second group (input 2), the prices of materials remained the same as in the previous month, while the prices of buildings were higher on average by 0.2%.
… as well as in the annual comparison
Agricultural input prices were 3.0% lower than a year ago. The prices of goods and services currently consumed in agriculture went down by 6.2%, while the prices of goods and services contributing to agricultural investment went up by 5.1%.
At the annual level, the price decreases were recorded only at fertilizers (by 39.2%) and at energy and lubricants (by 17.1%).
Tables with the latest data (monthly base price indices) are available in the SiStat Database.
Monthly growth rates of agricultural input prices, Slovenia
1) Input 1 (goods and services currently consumed in agriculture).
2) Input 2 (goods and services contributing to agricultural investment).
Growth rates of agricultural input prices (%), Slovenia
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METHODOLOGICAL NOTE
Monthly data for the current year are provisional. With each release the data can be corrected and completed with new data. Monthly data get the status of final data with the publication of annual data (at the latest at the end of February next year).
Additional explanations are available in the methodological explanations.
Additional explanations are available in the methodological explanations.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
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