Producer Price Index of Agricultural Products, November 2020

Agriculture-PPI (2015=100) on the previous month increased by 3.52%, on December of the previous year increased  by 18.19%, on same month of the previous year increased by 20.76% and on the twelve months moving averages basis increased by 14.33% in November 2020.

Compared to the previous month in sectors; forestry products and related services increased by 2.45%, fishing products and other fishing products increased by 3.18% and products of agriculture, hunting and related services increased by 3.55%. Regarding monthly changes by main groups; live animals and animal products increased by 0.98%, perennial crops increased by 4.78% and non-perennial crops increased by 4.89%.

Agriculture-PPI annual change (%), November 2020

The lowest annual increase was 2.77% in other tree and bush fruits and nuts subgroup

In November 2020, oleaginous fruits with 5.70% and fibre plants with 7.45% were the other subgroups where low increases realized. On the other hand, rice (in hulk) with 35.34%, cereals (except rice), leguminous crops and oil seeds with 32.25% and citrus fruits with 27.28% were the subgroups where high annual increases realized on the same month of the previous year.

Agriculture – PPI annual rate of changes in subgroups (%), November  2020

The lowest monthly increase was 0.35% in dairy cattle, live and raw milk from dairy cattle subgroup
In November 2020, grapes with 0.55% and oleaginous fruits with 0.81% were the other subgroups where low increases realized On the other hand, fibre plants with 9.71%, vegetables and melons, roots and tubers with 6.43% and poultry, live and eggs with 5.31% were the subgroups where high monthly increases realized.

Agriculture – PPI monthly rate of changes in subgroups (%), November  2020

In November 2020 within average prices of 90 items in the index; the average prices of 22 items decreased and the average prices of 7 items remained unchanged while the average prices of 61 items increased.

The next release on this subject will be on January 14, 2021.

Source: TurkStat
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