Agricultural input price indices, April 2024

Agricultural input prices slightly up in April, too

Agricultural input prices went up for the fourth consecutive month, this time on average by 0.2%. At the monthly level, the prices in the group maintenance of buildings increased the most.

  • 14 June 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 0.1% and the prices of goods and services contributing to agricultural investment (input 2) by 0.6%.

In the first group (input 1), the prices increased the most in the group maintenance of buildings (by 1.0%), and the least in the group other goods and services (by 0.4%).

Only the prices of fertilizers and of animal feedingstuffs went down (by 1.5% and by 0.2%, respectively).

In the second group (input 2), the prices of materials increased on average by 0.5% (higher prices of tractors) and of buildings by 0.8%.

… but still lower at the annual level

Compared to April 2023, agricultural input prices went down by 5.2%. The prices of goods and services currently consumed in agriculture were 8.4% lower, while the prices of goods and services contributing to agricultural investment were 2.5% higher.

Fertilizers were cheaper by 29.7% and animal feedingstuffs by 19.6%.

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
Apr 2024
Mar 2024
Apr 2024
Apr 2023 
Goods and services currently consumed in agriculture (Input 1)0.1-8.4
Seeds and planting stock0.013.6
Energy; lubricants0.84.0
Fertilizers and soil improvers-1.5-29.7
Plant protection products and pesticides0.00.1
Veterinary expenses0.04.9
Animal feedingstuffs-0.2-19.6
Maintenance of materials0.86.2
Maintenance of buildings1.00.8
Other goods and services0.42.0
Goods and services contributing to agricultural investment (Input 2)0.62.5
Materials0.53.1
Buildings0.81.0
Total (Input 1 + Input 2)0.2-5.2
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.