Agricultural input price indices, July 2024

Agricultural input prices slightly higher than in the previous month

Agricultural inputs were slightly more expensive at the monthly level, while at the annual level they were still cheaper. In monthly comparison, prices increased in the groups of energy and lubricants, and of veterinary expenses.

  • 13 September 2024 at 10:30
  • |
  • provisional data
Prices slightly up at the monthly level …

Agricultural input prices increased on average by 0.2%. The prices of goods and services currently consumed in agriculture (input 1) went up by 0.3%, while the prices of goods and services contributing to agricultural investment (input 2) remained on average at the same level as in the previous month.

Price increases were recorded only in the first group (input 1), namely of energy and lubricants by 1.7% (due to higher prices of fuels) and of veterinary expenses by 0.3%.

In the second group (input 2), the prices of materials remained the same as in the previous month, while the prices of buildings slightly decreased (by 0.1%).

… but still lower at the annual level

Compared to last July, agricultural input prices went down by 2.9%. The prices of goods and services currently consumed in agriculture were 5.5% lower, while the prices of goods and services contributing to agricultural investment went up by 2.9%.

Animal feedingstuffs were cheaper by 15.9% and fertilisers by 14.6%.

The table with the latest data (monthly base price indices) is available in the SiStat Database.

Monthly growth rates of agricultural input prices, Slovenia
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
Jul 2024
Jun 2024
Jul 2024
Jul 2023 
Goods and services currently consumed in agriculture (Input 1)0.3-5.5
Seeds and planting stock0.013.6
Energy; lubricants1.7-0.9
Fertilizers and soil improvers0.0-14.6
Plant protection products and pesticides0.00.1
Veterinary expenses0.35.3
Animal feedingstuffs0.0-15.9
Maintenance of materials0.05.7
Maintenance of buildings-0.5-0.3
Other goods and services0.01.9
Goods and services contributing to agricultural investment (Input 2)0.02.9
Materials0.02.8
Buildings-0.13.2
Total (Input 1 + Input 2)0.2-2.9
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.

When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.