Friday, 19 September 2014

API Down Due To Fall In Crop Prices

The agricultural price index for July 2014 for all outputs fell by 4.5% and for all inputs by 0.6%. The fall in the monthly price index for outputs was due mainly to the index for crops falling by 6.2% while the index for animals and animal products remained the same.

The prices are lower than the same time last year with the prices for all outputs down 9.3% and the prices for all inputs down 4.6%.

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