Agricultural input price indices, November 2024

Agricultural input prices at the monthly level slightly up

Agricultural input prices increased at the monthly level, while at the annual level they were still lower. Compared to October, the highest price increase was recorded in the group of energy and lubricants.

  • 14 januar 2025 ob 10:30
  • |
  • provisional data
A slight price increase at the monthly level …

Agricultural inputs were on average 0.2% more expensive than in the previous month. The prices of goods and services currently consumed in agriculture (input 1) went up by 0.4%, while the prices of goods and services contributing to agricultural investment (input 2) went down by 0.1%.

In the first group (input 1), the prices of energy and lubricants went up by 3.0% and of goods and services for maintenance of materials by 1.6%.

In the second group (input 2), the prices of materials remained the same as in the previous month, while the prices of buildings decreased by 0.2%.

… but still a price decrease year-on-year

Compared to the previous November, agricultural inputs were 0.5% cheaper. The prices of goods and services currently consumed in agriculture went down by 1.7%, while the prices of goods and services contributing to agricultural investment were higher by 1.9%.

The top three price decreases were at fertilizers (down by 9.3%), at energy and lubricants (by 5.4%) and at animal feedingstuffs (by 4.1%).

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
Nov 2024
Oct 2024
Nov 2024
Nov 2023 
Goods and services currently consumed in agriculture (Input 1)0.4-1.7
Seeds and planting stock0.016.9
Energy; lubricants3.0-5.4
Fertilizers and soil improvers-1.3-9.3
Plant protection products and pesticides0.00.1
Veterinary expenses0.05.3
Animal feedingstuffs-0.5-4.1
Maintenance of materials1.64.7
Maintenance of buildings-0.2-0.3
Other goods and services-0.71.7
Goods and services contributing to agricultural investment (Input 2)-0.11.9
Materials0.01.5
Buildings-0.23.1
Total (Input 1 + Input 2)0.2-0.5
METODOLOŠKO OPOZORILO
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.

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