Agricultural input price indices, August 2024

Agricultural input prices at the monthly level slightly up again

Agricultural inputs were again more expensive at the monthly level, while at the annual level they were still cheaper. In a monthly comparison, the highest price increase was recorded in the group of energy and lubricants.

  • 14 October 2024 at 10:30
  • |
  • provisional data
Prices slightly higher than in the previous month …

Agricultural input prices increased on average by 0.4%. The prices of goods and services currently consumed in agriculture (input 1) went up by 0.6% and the prices of goods and services contributing to agricultural investment (input 2) by 0.1%.

In the first group (input 1), the price increases were recorded at energy and lubricants (by 3.1%), while at animal feedingstuffs and at group other goods and services they were higher by 0.2% each.

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 by 0.5%.

… and lower than a year ago

Compared to last August, agricultural inputs were 3.3% cheaper. The prices of goods and services currently consumed in agriculture were 6.0% lower, while the prices of goods and services contributing to agricultural investment were higher by 3.0%.

The top three price decreases were at fertilizers (down by 16.5%), animal feedingstuffs (by 15.7%) and energy and lubricants (by 2.4%).

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
Aug 2024
Jul 2024
Aug 2024
Aug 2023 
Goods and services currently consumed in agriculture (Input 1)0.6-6.0
Seeds and planting stock0.013.6
Energy; lubricants3.1-2.4
Fertilizers and soil improvers-1.1-16.5
Plant protection products and pesticides0.00.1
Veterinary expenses0.05.3
Animal feedingstuffs0.2-15.7
Maintenance of materials0.05.9
Maintenance of buildings-0.7-0.6
Other goods and services0.22.0
Goods and services contributing to agricultural investment (Input 2)0.13.0
Materials0.02.8
Buildings0.53.3
Total (Input 1 + Input 2)0.4-3.3
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.