Friday, 14 October 2011

Agricultural Prices Squeezed In August

Defra released the latest agricultural prices index statistics yesterday. The monthly series shows that the index of producer prices for the total of all products fell 1.3 points from 160.3 points in July 2011 to 159 points in August. The monthly index of the purchase prices for all means of agricultural production increased by 0.7 points from 152.3 to 153 points.

The annual series shows that the index of producer prices for all means of agricultural production increased by 5.7 points from 129.9 to 135.6 points between 2009 and 2010. The index of producer prices for the total of all products increased between 2009 and 2010 from 136 points to 144.4 points, an increase of 8.4 points over the year.

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