The all outputs price index fell by 0.1% in February 2014 and is now 7.1% lower than the same time last year. All inputs price index increased 0.8% in February 2014 and is 4.3% lower than last February.
Sheep and lamb prices rose 5% in February and are 20% higher than last February. Demand at home and abroad and a weaker pound are making exports more competitive on the continent. Fresh fruit prices fell to 27% lower than last February and by 2.2% this February because of high prices due to short supplies after last years poor harvest.
Vegetable prices fell by 5.3% and are 8% down on last year. Cabbages, lettuce and carrots reported a significant fall in prices. The exception was cauliflowers which reported a 32% increase in price during February due to limited supplies which saw price rises.
Fertiliser prices rose 2.4% and are 7% lower than last year. Phosphates and potash prices are improving and nitrogen prices are increasing.
